NEWS

Stournaras upbeat on measures

The Parliament will back the new austerity measures, set to be put to vote on Wednesday, Greece’s Finance Minister Yannis Stournaras said Thursday.

?I am not particularly concerned. I believe the measures will pass,? Stournaras told journalists following a meeting with Prime Minister Antonis Samaras.

Asked about the Eurogroup conference on Wednesday, Stournaras said ?the mood was good? for the debt-hit country.

Finance ministers from euro area countries warned that Greece must undertake more economic reforms before it can receive the next portion of bailout funds it needs to keep from defaulting on its loans.

The Democratic Left, one of the parties involved in the governing coalition, has promised to vote against the austerity measures if they include provisions to ax labor rights.

Meanwhile, in yet another sign of growing dissent among the ruling parties ahead of the vote, two members of PASOK quit Thursday.