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Greece’s banks have been closed since June 29, a day after the ECB froze its Emergency Liquidity Assistance.

Prime Minister Alexis Tsipras suffered his second major mutiny in a week, with 36 Syriza MPs defying him to vote against the bill or abstain.

The number of disaffected Syriza MPs, who see the reforms as a betrayal of the anti-austerity platform that brought their left-wing party to power in January, shrunk slightly compared to last week’s similar vote – from 38 to 36.

ATHENS, Greece (AP) – Greek lawmakers began another emergency debate Wednesday on further economic reforms demanded by worldwide creditors in return for a new bailout – a vote that could threaten the survival of the coalition government and trigger fresh fears over...

It also comes after Greece repaid about 2 billion euros to the worldwide Monetary Fund, clearing all its arrears after missing several payments in June and July.

Greece’s banks reopened on Monday after being shut for three weeks, although most of the capital controls remained in place.

But Greek Prime Minister Alexis Tsipras has publicly said he doesn’t fully believe in the agreement.

Greece has initiated the process for the payment of a total 6.25 billion euros ($6.78 billion) to the European Central Bank (ECB) and the worldwide Monetary Fund (IMF), finance ministry officials told Reuters on Monday. “Greece is therefore no longer in arrears to the...

German Chancellor Angela Merkel ruled out “a classic haircut” – a markdown of Greece’s debts.

Germany’s finance minister says the Greek Parliament’s approval of an austerity package is “an important step” but is warning that talks on a final bailout deal will be tough – and that an outright debt cut would be incompatible with Greece keeping...

The first big development Friday was the news that German lawmakers, in the wake of their Austrian counterparts, voted 439-119 in favor of opening detailed discussions on the bailout package.

Dimitris Vitsas was appointed new alternate defence minister, replacing Costas Isichos, another SYRIZA lawmaker who voted against the agreement. But nearly a fifth of Merkel’s conservatives voted “no” in a blow to the chancellor.

Lawmakers in the Greek parliament overwhelmingly backed a package of economic reforms and further austerity measures, in the hope that it would convince European creditors to back a third bailout of the country.

Pro-EU and pro-Euro – they voted “Yes” in the referendum.

Greece has asked for a delay on the payment from the European Central Bank, but such delays are rarely granted, the analysts said.