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Thursday, July 23, 2015

Greek parliament approves next phase in bailout reforms

European Central Bank hikes cap on emergency assistance by £629m as protesters take to the streets against proposed third bailoutGreece’s embattled prime minister won a crucial vote on a third bailout programme for the debt-stricken nation early on Thursday, hours after the European Central Bank infused cash-starved Greek banks with further emergency liquidity.Athens was thrown further emergency assistance when the European Central Bank (ECB) increased liquidity for Greek lenders ahead of the crucial vote on a third bailout programme for the debt-stricken nation. Related: Business live: Anti-austerity protest in Athens ahead of bailout vote Related: Chances of Greek bailout rest on MPs' vote Continue reading...


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