Greece adopts legislation to release rescue loans

Greece adopted the last piece of legislation its international lenders required to release the next batch of rescue loans on Thursday, ending two months of wrangling over unpopular measures to overhaul the economy.

Lawmakers convened during parliamentary summer recess to approve a tax code and put finishing touches to a controversial transfer scheme for civil servants.

The bill’s passage will unlock €5.8bn of funds from the euro area, its national central banks and the International Monetary Fund.