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Tsipras government secures Greek parliament confidence cote

Other News Materials 8 October 2015 07:32 (UTC +04:00)

The Greek Parliament has passed a confidence vote, supporting the government of Greek Prime Minister Alexis Tsipras.

Out of 299 parliament members participating in the vote, 155 were in favour of Tsipras' government. All of them were from the two-party coalition consisting of Syriza and the Independent Greeks (ANEL).

The confidence vote, which secured Greece's new government in the early hours of Thursday, comes after three days of parliamentary sessions on the new government's agenda. The debates came after the Syriza-led government won national elections in September.

According to Tsipras, the main current objective of the Greek government is to conclude the first review of the country's bailout before the end of November. This will allow Greece to finish bank recapitalization by the end of 2015 and subsequently start talks on debt restructuring.

The Greek economy has been severely strained for several years, because of the country's multibillion debt accumulated after the 2008 world economic crisis.

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