Greece and its international lenders have agreed on a new set of measures that the country must approve of, by next month, to qualify for more aid and pave the way for a first review of progress under its third bailout, a Greek newspaper reported on Friday.

Athens has already legislated a set of reforms to secure €25 billion from the Euro Zone’s ESM rescue fund, a sum that is part of its €86-billion bailout agreed this summer. The Euro Zone group of deputy finance ministers, known as the Euro Working Group – of which Greece is also a member – on Thursday approved a new list of 13 measures Athens must vote into law by December 11, to receive a €1-billion aid tranche next month, newspaper Kathimerini said. Greece will have to set up an independent general secretariat for state revenues, take steps to privatise its power grid operator, or propose alternative plans to boost competition and set up a task force to prepare a new privatisation fund, the paper said.

Parliament consensus

The next big test for the left-wing government of Prime Minister Alexis Tsipras will be a comprehensive pension reform that Athens has promised to submit by December.

The government’s majority has shrunk to just three seats, and Tsipras will seek the support of opposition parties for a broad consensus on tough pension reforms.

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