Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

Bosonic

(3,746 posts)
Fri Jul 10, 2015, 08:45 PM Jul 2015

Greek MPs back bailout reform plan [View all]

Source: BBC

Greece's parliament has backed a government package of economic reforms aimed at ending the country's debt crisis and securing a new bailout.

In a late-night debate, Prime Minister Alexis Tsipras admitted many proposals fell short of his party's anti-austerity promises.

But he said there was a "national duty to keep our people alive and in the eurozone".

The proposals are to be studied by eurozone finance ministers later.

Read more: http://www.bbc.co.uk/news/world-europe-33491452



Some gov't lawmakers abstain in reform vote

ATHENS, Greece (AP) — The latest from Greece's financial crisis (all times local):

___

3:47 a.m.


The official vote count for Greece's parliament vote to back reform proposals has been announced, with 251 lawmakers voting in favor, 32 against and 8 voting 'present' — a form of abstention.

The vote in the 300-member parliament was to authorize the government to use its reform proposals as a basis for negotiation with Greece's international creditors.

Those abstaining or absent from the vote included prominent governing Syriza party members such as Parliament Speaker Zoe Konstantopoulou, indicating a potentially severe dissent problem that could threaten the government's majority in Parliament. The governing coalition of Prime Minister Alexis Tsipras' Syriza party and the small Independent Greeks hold 162 seats.

http://bigstory.ap.org/article/ff42e1c67389404a8c0f5c27ea9e3039/latest-tsipras-meets-party-lawmakers-discuss-package
39 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
so sad ananda Jul 2015 #1
I agree. nt GliderGuider Jul 2015 #3
The Greek government has the clear backing of the population and the legislature. Fred Sanders Jul 2015 #4
Greece blinked, they accepted more austerity to remain in the Eurozone. n/t PoliticAverse Jul 2015 #8
The Greeks have accepted some concessions, as the creditors will accept concessions. Call it whatever Fred Sanders Jul 2015 #9
The majority of the Greek people supported what has gone on to create this mess. PoliticAverse Jul 2015 #11
Greece tried to play a bad hand. Adrahil Jul 2015 #30
I guess there's only one Iceland n/t Hydra Jul 2015 #2
Iceland is not part of the EU. former9thward Jul 2015 #5
Iceland has it's own currency. 132 Krona to the dollar, 148 to the Euro. Fred Sanders Jul 2015 #10
The Greeks could have and should have gone back to theirs Hydra Jul 2015 #15
To me, it seems like you have no idea what that would mean for the Greeks nt Adrahil Jul 2015 #31
Iceland agrees with you cstanleytech Jul 2015 #24
And once again- ruffburr Jul 2015 #6
Well, keep in mind... Adrahil Jul 2015 #32
"Tsipras admitted many proposals fell short of his party's anti-austerity promises." PoliticAverse Jul 2015 #7
This message was self-deleted by its author 1000words Jul 2015 #12
Higher taxes, pension cuts in new proposal Baclava Jul 2015 #13
damn... NRaleighLiberal Jul 2015 #14
Mr. Bean and the Minister of Awesome fucked Greece. geek tragedy Jul 2015 #16
There wil be a few that want to hang him like Mussolini, but the majority will just blame Germany Baclava Jul 2015 #35
So how long until Greece misses a payment? NobodyHere Jul 2015 #17
Well one thing is they have to meet certain budget surplus targets in order to get additional funds. PoliticAverse Jul 2015 #20
What if they don't meet the surplus targets? NobodyHere Jul 2015 #25
Then they go through this whole process again? n/t PoliticAverse Jul 2015 #26
I don't know what to think bucolic_frolic Jul 2015 #18
A true leader tells the people where they have to go. They need to exit the Euro PoliticAverse Jul 2015 #22
Thanks bucolic_frolic Jul 2015 #29
Tsirpas changed his tune for a reason Adrahil Jul 2015 #33
If they do, they need strict wage and price controls as well, otherwise... FrodosPet Jul 2015 #39
...and the proposal will be rejected by the Eurogroup. roamer65 Jul 2015 #19
That would be the ultimate insult to Greece - they humiliate them by making them agree PoliticAverse Jul 2015 #21
They will do what is best for the rich daleo Jul 2015 #23
Thats not best for the rich thats the best greece because gives them the time to get on their feet cstanleytech Jul 2015 #27
Whatever causes the least disruption in the short run is best for the rich daleo Jul 2015 #37
" I foresee major disruption to the current system of global capitalism." cstanleytech Jul 2015 #38
"I think Tsipras knows this proposal is DOA...". That would explain a lot. Peace Patriot Jul 2015 #28
Oops: Greek proposal is only a 'basis' for bailout negotiation... PoliticAverse Jul 2015 #34
That's a positive sign--means they consider it geek tragedy Jul 2015 #36
Latest Discussions»Latest Breaking News»Greek MPs back bailout re...