Thursday, November 19, 2015

Greek Bailout Vote Hangs In The Balance

Yesterday I wrote the following:
"In theory the Greek parliament will pass the remaining legislative measures on Thursday. This will then pave the way for the cash release by the end of the week.

What could possibly go wrong?
Regarding what could go wrong, here is the answer as per Keep Talking Greece:
"Syriza lawmaker and former government spokesman Gavriil Sakellaridis submitted his resignation on Thursday morning, hours before the Parliament would be called to vote for the bill of prior actions and new austerity measures.

“Sakellaridis raised objections to the bill,” Greek media report adding that it was Prime Minister Alexis Tsipras who asked the government spokesman of the first Syriza government and ex Mayor candidate for Athens to resign.

Sources from the PM’s office allege that Sakellaridis was not going to attend the voting tonight, after his requests for some modifications on the multi-bill were turned down.

Important to note that Sakellaridis returns his parliamentary seat to SYRIZA with the effect that the ruling party will keep the existing number of seats (145).

In the Parliament, Sakellaridis will be allegedly replaced by a Alternate Minister for Administrative Reform Christoforos Vernadakis who did not manage to enter the Parliament in September elections.
However, media stress that “there is not time for the new MP to take an oath today” so that probably the coalition government will go voting with minus one vote, that is with 144 MPs from SYRIZA and 10 MPs from Independent Greeks in a Parliament of 300 seats.

It is not clear whether there will be more rebels in SYRIZA or ANEL during the day.

The government needs at least 151 votes to pass a bill."
Will the Greek government get its 151 votes today?

Don't hold your breath!

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