Bank recapitalisation draft bill passes in Greek Parliament

1 November 2015
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A Greek draft bill to recapitalise banks has passed a parliament vote on Saturday had showed.

The draft bill is thought to be of high importance in order to restructure the banking system and restart the economy.

All the parties of the Greek parliament voted for the bill, aside from the Golden Dawn party and the Communist Party of Greece (KKE).

Specifically, the bill was passed by the SYRIZA, New Democracy, PASOK, Potami, and Independent Greeks parties.

Ten articles of the draft bill were passed by majority, as well as the bill as a whole.

Potami voted against article 2, as it doesn’t look out for small bond holders.

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