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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.

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Greek MPs approve reforms paving way for bailout talks

Greek MPs have overwhelmingly approved a new batch of reforms demanded by the country's international creditors in return for a third multibillion-euro bailout.

Credit: PA

The vote followed a whirlwind debate that ended at 4am local time.

Prime Minister Alexis Tsipras once again suffered a revolt in his own radical left party, but had no trouble passing the draft legislation with the backing of pro-European opposition parties.

The reforms were the final prerequisite before Greece can start negotiations with creditors on a third bailout worth around 85 billion euro (£59.5 billion).

Government spokeswoman Olga Gerovasili conceded there is a clear rift within Syriza, but would not say whether rebels would be expelled.

"From this point on, party procedures will be followed in order to deal with the problem," she said after the vote.

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