Parliament’s passage at 01:10 in the morning of Thursday helps secure Greece’s future in the eurozone, the 19 nations that use the euro currency. Despite anti-austerity protesters’ clashed with police late Wednesday night as lawmakers started to debate the measures at nearby Parliament building and finally won with 229 yes votes and 64 no. Greek parliament early Thursday accepted harsh terms demanded by creditors to receive nearly 86 billion euros in the country’s third bailout in five years. The yes vote will allow Athens to receive a financial lifeline from its international creditors, but comes at a significant cost of higher taxes, deep cuts in pensions and other government benefits and the sale of most state assets.
Daily Archives: | July 16th, 2015
16 07 2015