Greece has adopted further fiscal tightening measures in a bid to unlock funding from the EU. Lawmakers voted for steps that will see an increase in sales tax, and a mechanism to prevent overspending.
The Greek parliament has voted in favor of an inquiry to investigate allegations that senior politicians received bribes from Swiss pharmaceutical giant Novartis. Those accused have denied any wrongdoing.
Leaders in Brussels hailed the deal on a new German coalition government as good news for Europe. Martin Schulz, formerly president of the European Parliament, said Berlin would "return to an active and leading" EU role.
Olaf Scholz, tapped to be Germany's next finance minister, said Berlin would not lecture other EU states about their finances. His comments hint at an about-face in the eurozone's policy of strict fiscal discipline.
Greek public transport workers have withdrawn their labor to press parliament not to proceed with an austerity bill that would limit trade unions' right to strike. Airlines also warn of cancellations and delays.
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