Greek parliament to vote on Tsipras' last-ditch bailout plan

2015-07-10 58

The Greek parliament is to vote on the Syriza government’s fresh proposals to creditors to secure another bailout – and avert financial collapse and a messy exit from the eurozone.

Prime Minister Alexis Tsipras met party members on Friday morning to seek backing for the plans – thought to include austerity measures rejected by voters in last weekend’s referendum.

Athens has been asked to pass laws on “prior actions” to convince lenders of its intent on implementing reforms.

Some left-wingers in Syriza are thought to be opposed but the plans are expected to get through parliament thanks to support from opposition parties.

The debate followed by a vote of MPs is due to take place later on Friday.

European markets responded positively this morning to the new package – which includes pension reforms and tax rises.

It’s thought some debt restructuring will be offered in return.

The proposals are also due to be considered by eurozone finance ministers ahead of a full summit of