The Greek parliament has backed a new bailout deal after an all-night debate, despite a rebellion by many MPs in the governing Syriza party. The deal requires tax rises and more tough spending cuts in return for an EU bailout of about €85bn (£61bn, $95bn) – Greece’s third in five years.
Eurozone finance ministers are meeting to vote on the plan in Brussels.A deal is needed to keep Greece in the eurozone and avert bankruptcy. But it is risky for Greek PM Alexis Tsipras. More than 40 MPs from his left-wing Syriza party voted against him on Friday.
Reports in Greece suggest he will seek a vote of confidence in parliament next week, bringing the prospect of snap elections closer.
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