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Thursday, July 23, 2015

Greek debt crisis: vote clears way for bailout talks

Outline agreement on launching talks for a third bailout follows late-night approval in Greek parliamentGreece is ready to begin formal talks with its creditors on a proposed €86bn (£60bn) bailout, after MPs voted for reforms demanded by creditors.At a late-night vote in the Greek parliament, 230 MPs backed a package of reforms, while 63 voted against. The prime minister Alexis Tsipras, who is under growing pressure to call early elections, managed to contain the rebellion in his own ranks. A total of 36 Syriza MP voted against or abstained on the measures, three fewer than at a similar vote last week. Related: Greece bailout agreement: key points Related: Relief after Greek MPs pass reform bill - business live Continue reading...


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