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Euro Zone Crisis
World

Greek PM Alexis Tsipras keeps lid on party rebellion to pass bailout vote

Greece’s parliament passes legislation on a second batch of reforms needed to help unlock a huge international bailout for the country’s stricken economy.

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While the new law will come as a relief to Prime Minister Alexis Tsipras - who is negotiating a new bailout worth up to 86 billion euros ($93 billion)  over three years -it saw him suffer a major rebellion amongst MPs in his  leftist Syriza party for the second time in a week.  Photo: AFP
Reuters

Greek Prime Minister Alexis Tsipras contained a rebellion in his left-wing Syriza party to win parliamentary approval on Thursday for a second package of reforms required to start talks on a financial rescue deal.

A first set of reforms that focused largely on tax hikes and budget discipline triggered a rebellion in Syriza last week and passed only thanks to votes from pro-EU opposition parties.

The bill that lawmakers voted on early Thursday covered rules for dealing with failed banks and speeding up the justice system - two more conditions set by the euro zone and IMF to open negotiations on an 86 billion euro rescue loan.

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The legislation easily passed with the backing of 230 votes in the 300-seat chamber, once again due to opposition support.

But 36 Syriza deputies - or almost a quarter of the party’s 149 lawmakers - voted against the overall bill or abstained, though significantly for Tsipras that was a smaller rebellion than the 39 deputies who defied him in last week’s vote.

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"We made tough choices, and I personally made difficult, responsible choices. Today we must all redefine the possibilities ahead of us given the new circumstances," Tsipras said in an appeal to parliament to back the reforms.

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