ATHENS, Greece – Greek lawmakers are to discuss the country's critical third bailout in Parliamentary committees before the draft bill proceeds to a full assembly debate and vote ahead of a Eurozone finance ministers' meeting Friday.
The draft bill for the three-year, roughly 85 billion euro ($93 billion) bailout includes harsh spending cuts and tax hikes that Prime Minister Alexis Tsipras has said he has no option but to implement. His radical left Syriza party won January elections on promises of repealing similar austerity imposed in return for Greece's previous bailouts.
The terms have left Tsipras battling severe dissent from within his party, although the bill is expected to pass with votes from opposition parties. The committee discussion was set for Thursday morning and will determine the exact timing of the evening session.