Greek Parliament Votes in Favor of Bailout Deal
The Greek Parliament on early Thursday approved an omnibus draft bill which includes the prior actions demanded by Greece’s creditors in exchange for a multibillion euro new bailout.
The debate on the omnibus bill on “Emergency Measures for the Negotiation and Agreement with the European Stability Mechanism (ESM)” began at 9:15pm local time on Wednesday. The vote concluded in the early hours of Thursday morning.
According to the voting results, 229 lawmakers supported the bill, 64 voted against it, 6 voted “present” and one was absent.
The measures had to be approved by the Greek Parliament before European partners would agree to open talks for a new three-year bailout worth up to 86 billion euros.