Advertisement

  1. National

Greek MPs pass second set of reforms ahead of bailout deal

Greek MPs have passed a second set of reforms, paving the way for a crucial bailout deal.

The reforms - which include changes to the judiciary and banking systems - needed to be passed in order for negotiations to begin with creditors on a third bailout package worth €86 billion.

Without more financial support, Greece would face financial ruin and may be forced to exit the eurozone.

View all 76 updates ›

Greek MPs prepare for second bailout deal vote

Credit: Reuters

The Greek parliament will vote today on a second set of reforms needed to secure its bailout deal.

If MPs approve the financial and judicial reforms, Greece will be able to forge ahead with negotiations for an €86 billion bailout from its creditors.

Prime Minister Alexis Tsipras rallied his Syriza colleagues earlier this week , saying the Greek people had "pinned their hopes" on staying in the euro.

The vote is expected to pass with the support of opposition parties.

More on this story