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Greek parliament OKs bailout reforms


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Greek parliament OKs bailout reforms

Greek lawmakers June 9 approved reforms demanded by creditors in exchange for more loans and to complete the review of the country's €86 billion bailout program, Reuters reported.

All 153 deputies in the ruling coalition in the 300-seat Greek parliament voted in favor of the legislation aimed at appeasing international lenders, while 84 voted against the measure.

Labor Minister Effie Achtsioglou told lawmakers before the vote that the country "has fulfilled its promises and met its obligations," according to the Reuters report.

"[Greece] has already done more than it was supposed to ... and it's now the lenders and our partners' turn to meet their commitments," Achtsioglou reportedly added.

Eurozone finance ministers are set to meet in Luxembourg on June 15 to consider the country's reform progress and debt-cutting measures. They are expected to approve a new loan tranche following the Greek parliament's vote.

Greece has to repay around €7.5 billion worth of debt due in July.