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Tuesday, July 21, 2015

Chances of Greek bailout rest on MPs' vote

Creditors demand a complete change to civil code and to comply with EU banking reform law, with voting seen as a test of Syriza’s strengthGreek MPs will vote on Wednesday on two laws that could make or break the country’s prospects of an international bailout. Greece is poised to begin talks with its international creditors on a proposed €86bn (£60bn) bailout, but first the Greek parliament has to vote through two measures – a banking reform law and an overhaul of Greece’s civil code. Introducing these laws was a demand of Greece’s creditors and remains the final hurdle Athens must clear before embarking on a demanding schedule of bailout talks. Continue reading...


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