The bill on the rescue deal passed just in time for Greek Finance Minister Euclid Tsakalotos to head to Brussels to meet his counterparts from the 19-country currency union in the hope of getting their seal of approval as well.
In Berlin, the government said it expected Athens to press ahead with its reform agenda and the finance ministry said aid disbursements would be delayed should the elections cause any delay in an examination of the programme.
His U-turn in accepting the demands by the country’s creditors led to outrage among hardliners in his Syriza party, with dozens voting against him during the bailout’s ratification in parliament last week.
The approval comes after six hours of talks to nail down the tough and far-reaching reforms Athens must implement in return. Unable to borrow on the worldwide markets, another bailout is all that stands between Greece and a disorderly default on its debts – as soon as next...
Greece’s partners in the euro currency are debating whether to give that country billions of dollars in new loans, now that the Greek parliament has passed a package of painful reforms and spending cuts.
German lawmakers voted in favor of a third Greek bailout on Wednesday despite a record rebellion among Chancellor Angela Merkel’s own conservatives that suggested she would struggle to return to parliament to seek any further aid for Athens.