New Zealand Markets closed

Economy up, reforms passed but Greeks still angry

Greece wants to create a cash buffer of up to 19 billion euros ($23 billion) to cover debt repayments after it exits its current bailout programme and plans three new bond issues by August. As Sonia Legg reports, the announcement comes after Greece's parliament passed a swathe of reforms demanded by international lenders in exchange for fresh bailout funds, despite thousands of people protesting outside.