Greek MPs vote in favour of new austerity measures: Secure third Brussels bail-out

July, 16, 2015 (LBO) – Greek MPs have secured a third Brussels bail-out to ward off the threat of bankruptcy following a vote in favour of new austerity measures, foreign media reports said.

“The 300 member parliament voted by a majority of 229 to 64 against on a raft of tax hikes and pension reforms, after a tense debate that lasted into the small hours of Thursday morning,” the report said.

“There were six abstentions and one MP was missing from the debate,”

“The move was part of the conditions laid down by Brussels for a third-bail out of around 85 billion Euros, and will stop it being thrown out of the Eurozone.”

The country’s prime minister, Alexis Tsipras said he would probably step down from office if he did not gather the support of more than 121 of his Syriza MPs.

The vote passed despite 32 of his MPs voting “No” and six more abstaining, the report said.

“Among the “No” voters was parliamentary Speaker Zoe Constantopoulo, who walked out during the debate, before returning to make a fiery speech condemning a “very black day for democracy in Europe”.”

Former finance minister, Yanis Varoufakis, who resigned on 6 July, also voted against the package.

Thursday morning’s vote has left Tsipras with the support of 124, a margin that may still leave his fate hanging in the balance and could provoke a vote of confidence in his leadership.

Meanwhile, ahead of the vote, protesters threw petrol bombs at police during an anti-austerity protest close to parliament, and police responded with tear gas.