Financial Times
October 13, 2015
Greece’s leftwing Syriza-led government has presented more tax and pension reforms to parliament amid growing concerns that the package of measures will prolong the country’s six-year recession.
The proposals are being discussed under emergency procedures so that Greece can meet a weekend deadline set by creditors for implementing a tough front-loaded package of fiscal and structural measures in return for an €86bn bailout.
Winning approval for the package will be a test for Alexis Tsipras, the prime minister, and his party that won last month’s general election but only has a four-seat majority in parliament.
Mr Tsipras, whose policy somersault in July to embrace economic reforms prompted a rebellion by Syriza hardliners and triggered the general election, has already moved to head off possible further defections by Syriza backbenchers.
He rallied Syriza’s central committee behind him at a weekend meeting and tightened his grip on the party executive with the election of three cabinet ministers to the 17-member political committee.
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