Greece may have voted to authorise the deal but it also needs to be approved by other eurozone parliaments before any funds are releasedThe Greek parliament voted late on Wednesday evening to undertake the package of reforms needed to begin negotiations for an €86bn bailout programme. Despite 32 of its MPs voting against the plans, the Syriza-led government won out by 229 votes to 64.Greece is of course not the only parliament in the eurozone that will need to agree to a third bailout deal. Even in those countries that will not require a formal vote, tensions may emerge further down the road within governments that have small majorities.Greece's Creditors NOT just banks. Exposure of € zone countries poorer than Greece stand to lose up to 4.2% GDP http://t.co/i4QZ3w1xBsSoini: This was not a good day, there were no good option, we had to choose between plague and cholera. #GreeceBarclays: Official exposure to Greece in EMU by country and type pic.twitter.com/5QKkrsWr77The Greek compromise, reached on Monday, is considered to be tough and harsh. If it's so, it is the unfortunate outcome of ´Syriza Spring' Continue reading...
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