Greece Votes ‘Yes’ on Bailout Bill

Greece’s parliament has voted to accept substantial economic reforms needed before the country can receive a fresh bailout worth as much as $96 billion.

The heavily indebted country needs the bailout money to avoid bankruptcy and a ‘Grexit’ from the euro, but the reforms are extremely unpopular.

Many Greeks resent that European lenders are imposing such harsh, strict reforms on their pension and tax systems.

Protests in front of the Greek parliament building in Athens turned violent on Wednesday ahead of the vote. Protesters threw Molotov cocktails and police responded with tear gas.

For months, Prime Minister Alexis Tsipras and his Syriza party rallied against the reforms. But Tsipras was forced to accept them as the country tottered on the brink of bankruptcy. (Read more from “Greece Votes ‘Yes’ on Bailout Bill” HERE)

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