Greece Votes Yes to Rescue Package

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Published on 14 Aug 2015, 8:46
August 14 -- Greek lawmakers approved a bailout package that may unlock as much as 86 billion euros ($96 billion) and help the nation avoid a default next week when it has to make a payment to the European Central Bank. After an all-night debate in Athens, Prime Minister Alexis Tsipras had to rely on opposition votes to secure parliament’s backing for a deal that includes sweeping economic reforms and budget cuts mandated by Greece’s creditor institutions.



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