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"The Greek economy needs an immediate boost. But we also need an immediate, but medium term, systematic program for tidying up public finances," said incoming PM George Papandreou just prior to the vote. Photo by BGNES
Greece’s Parliament has supported a vote of confidence in the newly-elected Socialist government on Monday.
The vote was cast along party lines passing by a margin of 160 in favor to 140 against, the Wall Street Journal reported.
It came at the end of a three-day parliamentary debate on the new government's policy priorities, and which focused heavily on Greece's economy and the poor state of public finances.
"The Greek economy needs an immediate boost. But we also need an immediate, but medium term, systematic program for tidying up public finances," said incoming PM George Papandreou just prior to the vote. "We commit to doing both of those things."
Papandreou was sworn in on October 6 as the new Prime Minister of Greece after his party PASOK won the October 4 Parliamentary Elections.
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The new Czech minority government, led by billionaire Andrei Babis, lost the vote of confidence vote after lawmakers rejected the populist who was accused of fraudulent EU subsidies.
Greece’s parliament on Monday passed a swathe of reforms demanded by international lenders in exchange for fresh bailout funds, a success for the government but a blow to thousands of people protesting outside.
The Greek parliament late Thursday adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month, reported AFP.
Voting is now underway in Greece in a snap poll called over tensions within the formerly ruling SYRIZA party of Alexis Tsipras.
Greek President Prokopis Pavlopoulos appointed on Thursday the head of the country's Supreme Court, Vassiliki Thanou, as the caretaker prime minister ahead of the early general elections.
The largest opposition party in the Greek Parliament will attempt to form a government, even a minority one, in order to avoid the holding of early elections.
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