EU and IMF Return to Greece for Another Bailout Deal Amid Splits

‘Negotiators from the European Union and the International Monetary Fund (IMF) return to Athens this week to negotiate the next round of controversial reforms to unlock the next tranche of bailout cash with both the EU and the IMF at odds over the practicality of the bailout terms.
Greece was forced to pass legislation on tax and pension reform, as well as other issues, a part of its bailout agreement. The reforms included “streamlining the VAT system and broadening the tax base to increase revenue” and “up-front measures to improve long-term sustainability of the pension system as part of a comprehensive pension reform program.”‘
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