MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

  • Gov’t rolls out 10-week spending drive with three stackable voucher types

  • Uber’s numbers climb, but users see little change

  • The Chinese Library welcomes autumn at Tai Kwun

  • DSEDJ will implement AI-based education across all school stages

  • Property firm busted for selling foreign worker quotas in RMB1 million scheme

Business
Home›Business›Tested by dissent, Greece to vote on more bailout conditions 

Tested by dissent, Greece to vote on more bailout conditions 

By -
Thursday, July 23, 2015
73
0
Share:
Greece’s Prime Minister Alexis Tsipras makes a speech to lawmakers in Athens

Greece’s Prime Minister Alexis Tsipras makes a speech to lawmakers in Athens

Greek lawmakers began another emergency debate yesterday on further economic reforms demanded by international creditors in return for a new bailout — a vote that could threaten the survival of the coalition government and trigger fresh fears over the country’s future in the euro.
The vote later on changes to the judicial and banking sectors is one of the requirements that Greece’s European creditors insisted upon for negotiations on a third bailout worth around 85 billion euros (USD93 billion) to begin.
After losing the support of a large chunk of his own party’s lawmakers during a vote last week on a creditor-demanded austerity measures, Prime Minister Alexis Tsipras is having to rely on support from pro-European opposition parties to gain parliamentary approval.
Negotiations with creditors are expected to start soon after the vote later. The Greek government’s hope is that they conclude before Aug. 20, when Greece must repay loans worth more than 3 billion euros ($3.3 billion) to the European Central Bank.
The measures demanded by creditors for a bailout have caused much consternation within Tsipras’ radical left Syriza party. Many, including former finance minister Yanis Varoufakis, voted against last week’s austerity measures, which included big increases to sales taxes that came into effect at the start of this week. If more than a handful more dissent later, then Tsipras’ government could be in peril.
The party’s traditional base within the trade union movement is also angry at what it sees as Tsipras’ betrayal of his electoral mandate. A union representing civil servants is planning an anti-government protest outside parliament before the vote that is expected around midnight (early this morning, Macau time).
Tsipras has accused party critics of acting irresponsibly.
“I’ve seen a lot of reactions and heroic statements, but so far I haven’t heard any alternative proposal,” Tsipras told party lawmakers on Tuesday, according to a senior government official. The official asked not to be named, citing the sensitivity of the parliamentary vote.
Tsipras also said that those who support the country’s exit from the euro or handing so-called IOUs to pensioners instead of their pensions “should come out and say it, instead of hiding behind the safety of my signature.”
The reforms considered yesterday are aimed at reducing the country’s court backlog and speeding up revenue-related cases. Lawmakers have also been called to approve reforms related to banking union mechanisms, aimed at reducing the risk for European governments from bank crises.
Finance Minister Euclid Tsakalotos said Greece and bailout lenders planned pension spending cuts required “further study” before being submitted to parliament. Derek Gatopoulos, Athens, AP

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

Huawei first-half smartphone sales leap 39pct

Next Article

Lion dance needs more foreign participants, association ...

0
Shares

    Related articles More from author

    • Business

      Gaming | Year after two new casinos, Atlantic City revenue up nearly 8%

      Friday, August 16, 2019
      By -
    • Business

      Taiwan components maker is said to explore billion-dollar sale

      Friday, September 21, 2018
      By -
    • Business

      Ignore China’s credit risks at your peril, says top manager

      Monday, April 24, 2017
      By -
    • Business

      Property | Town in rural southern Nevada up for sale for USD8 million

      Tuesday, March 29, 2016
      By -
    • Business

      Corporate Bits | MGM’s dragon boat team wins second runner-up

      Thursday, June 28, 2018
      By -
    • Business

      Banks to brokerages shrug off Hong Kong protest turmoil

      Tuesday, October 7, 2014
      By -

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    0

    • HeadlinesMacau

      Aollywood aims to bring 3,000 film production companies to town

    • HeadlinesMacau

      Sam Hou Fai sets off for Southeast Asia, citing strong foundation for deeper ties

    • Asia-Pacific

      Australia | Abbott weakened after surviving party challenge

    DAILY EDITION

    Friday, September 18, 2026 – edition no. 5039
    Friday, September 18, 2026 – edition no. 5039

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    September 2026
    M T W T F S S
     123456
    78910111213
    14151617181920
    21222324252627
    282930  
    « Aug    

    Timeline

    • Friday, September 18, 2026

      “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

    • Friday, September 18, 2026

      Gov’t rolls out 10-week spending drive with three stackable voucher types

    • Friday, September 18, 2026

      Uber’s numbers climb, but users see little change

    • Friday, September 18, 2026

      The Chinese Library welcomes autumn at Tai Kwun

    • Friday, September 18, 2026

      DSEDJ will implement AI-based education across all school stages

    • Friday, September 18, 2026

      Property firm busted for selling foreign worker quotas in RMB1 million scheme

    • Friday, September 18, 2026

      Huawei unveils new chips as firm steps up the AI race with Nvidia

    • Friday, September 18, 2026

      AI agents learn from ‘the best’

    • Friday, September 18, 2026

      Survey finds high satisfaction among Macau families in Hengqin

    • Friday, September 18, 2026

      Late renewal fees for non-resident workers rise

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    The Chinese Library welcomes autumn at Tai Kwun

    The Chinese Library, the contemporary Chinese restaurant at Tai Kwun, has unveiled a new autumn menu led by Executive Chef Junno Li. Recognised with One Diamond in the Black Pearl ...
    • Ethan Hawke leads a tense, Depression-era thriller in ‘The Weight’

      By MDT/AP
      Friday, September 18, 2026
    • QMS Medicosmetics launches at Mandarin Oriental Macau: Where German science meets luxury skincare

      By -
      Friday, September 18, 2026
    • The confluence of craft: An evening at Estuary

      By Irene Sam, MDT
      Friday, September 11, 2026
    • The Korean thriller ‘Hope’ is a creature feature to the tilt

      By MDT/AP
      Friday, September 11, 2026
    • Recent

    • Popular

    • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in ...

      By MGM Macau PR
      Friday, September 18, 2026
    • Gov’t rolls out 10-week spending drive with three stackable voucher ...

      By Yuki Lei, MDT
      Friday, September 18, 2026
    • Uber’s numbers climb, but users see little change

      By Renato Marques, MDT
      Friday, September 18, 2026
    • The Chinese Library welcomes autumn at Tai Kwun

      By Irene Sam, MDT
      Friday, September 18, 2026
    • DSEDJ will implement AI-based education across all school stages

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Property firm busted for selling foreign worker quotas in RMB1 million scheme

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Huawei unveils new chips as firm steps up the AI race with Nvidia

      By -
      Friday, September 18, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      Thursday, May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      Wednesday, May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      Wednesday, June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      Friday, July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      Friday, June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      Monday, July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      Friday, May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia
    Loading Comments...

    You must be logged in to post a comment.

    %d