Greek parliament approved pension cuts

The Greek parliament has approved more cuts in public spending to meet the terms of a second European Union-led bailout deal.

The measures will reduce expenditure on health, education, pensions and defence.

Greece was given a list of specific conditions which had to be met before the end of February if a second financial bailout of €130 billion was to be approved by the rest of the eurozone.

The deadline is midnight on Wednesday. Further specific deadlines for action by the end of March, by the end of April, and so on.