Opposition leader Kyriakos Mitsotakis countered that the bailout terms never included the superfund, which will expire in 2115. ATHENS, Greece (AP) " Greece's parliament on Sunday passed an omnibus reform bill providing for tax hikes, more austerity reforms and a new privatization superfund, which will manage almost all state property. The pay cuts, which would have saved about 120 million euros ($135 million), were shelved and will be partly replaced by bringing forward taxes on Internet users and beer. Greece also hopes the vote on the 7,500-page will open the way to a discussion on easing the terms of its loans. Greece now hopes the creditors will complete the first assessment of its third bailout program, freeing loan disbursements that will allow Greece to meet its obligations and avoid default.

Source: New Zealand Herald May 22, 2016 14:00 UTC