Greek parliament to back ambitious budget

Lawmakers in Greece are preparing to vote on a series of one-off benefits that the new conservative government is justifying in terms of the country's better than expected budget performance.
Parliament held its third and final day of debate Wednesday to approve next year's budget, which the government says complies with demands set out by bailout creditors who are due most of the country's massive national debt.
Low income families are set to benefit most from the additional money on offer for allowances, including for winter fuel payments.
After eight years of relying on bailout funds mainly from its partners in what is now the 19-country eurozone, Greece exited its rescue program more than a year ago. However, it remains under strict supervision from lenders and has committed to achieving fairly stringent budget targets through 2022.
However, the conservative...

Continue reading on: