22 Jul 2015
Greek parliament in the spotlight today – UOB Group
FXStreet (Edinburgh) - Analysts at UOB Group reviewed today’s activity in the Greek Parliament.
Key Quotes
“Greece will still have a place in Wednesday’s (22 Jul) spotlight after Greek PM Tsipras submitted a second bill of reforms tied to its 3rd bailout agreement to the parliament yesterday (21 Jul) and will face another challenge to get this approved today”.
“The Greek government wants to hammer out a final deal on its international bailout by 20 August”.
“Recall that the first bill was passed by a slim margin largely thanks to strong support from the opposition parties while Tsipras’ own Syriza party saw 39 out of 149 Syriza’s lawmakers not supporting the bill, leading to PM Tsipras re-shuffling his cabinet and purging the dissenters within his party”.
“If Tsipras continues to need opposition support to pass the 2nd bill then that will lead to renewed questions on the political survivability of PM Tsipras”.
Key Quotes
“Greece will still have a place in Wednesday’s (22 Jul) spotlight after Greek PM Tsipras submitted a second bill of reforms tied to its 3rd bailout agreement to the parliament yesterday (21 Jul) and will face another challenge to get this approved today”.
“The Greek government wants to hammer out a final deal on its international bailout by 20 August”.
“Recall that the first bill was passed by a slim margin largely thanks to strong support from the opposition parties while Tsipras’ own Syriza party saw 39 out of 149 Syriza’s lawmakers not supporting the bill, leading to PM Tsipras re-shuffling his cabinet and purging the dissenters within his party”.
“If Tsipras continues to need opposition support to pass the 2nd bill then that will lead to renewed questions on the political survivability of PM Tsipras”.