Greek parliament approves law to coax more tax payments


  • World
  • Saturday, 21 Mar 2015

ATHENS (Reuters) - Greece's parliament on Saturday approved a bill that offers hefty cuts in fines and long repayment plans to citizens owing billions of euros in overdue taxes in a bid to boost depleted state coffers.

Shut out from debt markets and with remaining international bailout aid on hold, Athens risks running out of cash in the coming weeks and is scrambling to secure ways to finance itself and meet payment obligations.

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