- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Tsipras in Trouble as Greek Parliament Narrowly Passes Bailout Vote

© AP PhotoTsipras bailout vote
Tsipras bailout vote - Sputnik International
Subscribe
Greek Prime Minister Alexis Tsipras had his parliamentary majority reduced to just three, after two lawmakers were expelled, in a crucial vote on major reforms in a bid to secure a further tranche of its bailout funding.

Tsipras has already caused anger within his own party for signing up to a major series of reforms demanded by its creditors — the so-called Troika of the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Commission.

Weeks of negotiations over the latest tranche of bailout money — US$2.15 billion — led to a major row over repayments of unpaid taxes and foreclosures on properties whose owners could not keep up mortgage payments.

The Greek Parliament Thursday voted through a bill outlining regulations for tax repayments and foreclosures, but Tsipras's coalition barely scraped it through following the defection of Nikos Nikolopoulos of the right-wing Independent Greeks party and the abstention of Stathis Panagoulis from Tsipras' Syriza party.

 Earlier, ex-government spokesman Gabriel Sakellaridis resigned from parliament saying he could no longer support the bailout measures.

A woman holds a banner reading 'Tsipras is a big traitor', in front of the Greek parliament in Athens on October 16, 2015, while Greece's parliament is expected to approve later a first batch of reforms and tax cuts stemming from its third EU bailout. - Sputnik International
Another Gov't Capitulation to EU Creditors Leaves Greeks in Anger

The bill allows for foreclosure protection for the primary homes to around 60 percent of mortgages among an estimated 400,000 homeowners who are unable to repay their loans.

However, the move has been heavily criticized, as it will mean some people being thrown out of their main home.

"The government had said they would not confiscate a single home but today they crushed all our rights," Giorgos Tzifonios, a retired steelmaker who was demonstrating outside the Bank of Greece, told Reuters.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала