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Greek lawmakers back rescue package after all-night session

Published Fri, Aug 14, 2015 · 09:50 PM

Athens

GREEK legislators have approved a bailout package that may unlock as much as 86 billion euros (S$134 billion) and help the nation avoid a default next week when it has to make a payment to the European Central Bank.

After an all-night debate in Athens, Prime Minister Alexis Tsipras had to rely on opposition votes to secure parliament's backing on Friday morning for a deal that includes sweeping economic reforms and budget cuts mandated by Greece's creditor institutions.

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