Eurozone approves Greek bailout reform plan
Eurozone finance ministers on Tuesday approved Greece's bailout reform proposals, handing the debt-wracked nation a four-month extension of its financial rescue program. Proposed by Greece's fledgling anti-austerity government, the reform package includes crackdowns on corruption and tax evasion while calling for an end to the "humanitarian crisis" caused by the bailout. "In our view, in the Commission's view, this list is sufficiently comprehensive to be a valid starting point," a spokesperson for the European Commission, Margaritis Schinas, said.
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