The Greek parliament has passed the law to cut pension spending and transfer control of public utilities to a new asset fund. The reforms sought by the country's creditors may help unlock €2.8 billion from Greece’s €86 billion bailout program. Read more.
French Ambassador to Australia Jean-Pierre Thébault publicly chided Australia on Saturday for canceling a multibillion-euro submarine contract with Paris after striking up a strategic partnership with the U.S. and the U.K. Read more .
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