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Greece bailout: Prime Minister Alexis Tsipras faces vote of confidence after Syriza revolt | Greece bailout: Prime Minister Alexis Tsipras faces vote of confidence after Syriza revolt |
(5 months later) | |
The Greek Prime Minister Alexis Tsipras will face a vote of confidence after a huge number of Syriza MPs voted against his government's bailout deal. | The Greek Prime Minister Alexis Tsipras will face a vote of confidence after a huge number of Syriza MPs voted against his government's bailout deal. |
The €85 billion package - which introduces sweeping austerity measures - was ultimately approved with support from opposition parties after an all-night parliamentary session. | The €85 billion package - which introduces sweeping austerity measures - was ultimately approved with support from opposition parties after an all-night parliamentary session. |
In total, 222 MPs backed the deal, 64 opposed, and 11 abstained. | In total, 222 MPs backed the deal, 64 opposed, and 11 abstained. |
Greek media, however, is reporting that the number of government MPs who voted in favour of the deal was not enough for Tsipras to avoid a confidence vote. | Greek media, however, is reporting that the number of government MPs who voted in favour of the deal was not enough for Tsipras to avoid a confidence vote. |
By one calculation, there were only 118 'Yes' votes from coalition partners Syriza and Independent Greeks; two below the number needed for the Prime Minister to maintain his majority. | By one calculation, there were only 118 'Yes' votes from coalition partners Syriza and Independent Greeks; two below the number needed for the Prime Minister to maintain his majority. |
There were 32 'No' votes from Syriza members, and 11 abstentions. | There were 32 'No' votes from Syriza members, and 11 abstentions. |
The leader of the Syriza rebels, former energy minister Panagiotis Lafazanis, last night called for a new movement to fight the deal —which will impose fresh tax increases, pension cuts and market reforms. | The leader of the Syriza rebels, former energy minister Panagiotis Lafazanis, last night called for a new movement to fight the deal —which will impose fresh tax increases, pension cuts and market reforms. |
Former finance minister Yannis Varoufakis was among those who voted against the bailout. | Former finance minister Yannis Varoufakis was among those who voted against the bailout. |
If Tsipras loses the confidence vote - which is expected to be held after August 20 - it could trigger a snap election. | If Tsipras loses the confidence vote - which is expected to be held after August 20 - it could trigger a snap election. |
The German government is unlikely to be pleased with that development as they must approve the deal next week. | The German government is unlikely to be pleased with that development as they must approve the deal next week. |
But Syriza drama aside, the vote means that Greece will probably get its international bailout and avoid default next week, when it is due to repay €3.2bn to the European Central Bank (ECB). | |
Parliament approved the three-year package after hours of heated debate. MPs voted at 9:30 local time, six hours after the debate began — government procedure had delayed it until the middle of the night. | Parliament approved the three-year package after hours of heated debate. MPs voted at 9:30 local time, six hours after the debate began — government procedure had delayed it until the middle of the night. |
Eurozone finance ministers will today meet in Brussels to inspect the agreement and decide whether to grant Greece the money. | Eurozone finance ministers will today meet in Brussels to inspect the agreement and decide whether to grant Greece the money. |