Third bailout approved by Greek Parliament, 64 against


After an entire night process in Parliament, Greek lawmakers approved the third bailout.
According to Greek media, a rescue package of about 85 billion Euro wich includes decrease in spending and the increasing of the in taxes has been cleared.

The vote was passed with 222 votes in favor, 64 against, 11 abstentions and three absent in a Parliament of 300 members.

Greece needed to pass the bill before a meeting of Euro Zone finance ministers in Brussels, where it will be decided whether to approve the draft agreement.

The draft proposal will also have to be approved by respective Parliaments, including Germany.
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