The big question now on the table, is, who will implement the bailout deal just worked out… or not worked out? The issue is not which Greeks will implement it, but who among the creditors? On the Greek side, Prime Minister Alexis Tsipras lost his coalition’s majority in Parliament on the issue, which could mean a cabinet reshuffling or early elections as soon as September or October.
The Greek Parliament passed the bill titled “Emergency Regulations for the Negotiation and Conclusion of Agreement with the European Stability Mechanism (ESM).” A majority of 229 of a total of 299 deputies voted yes, with the main opposition New Democracy, To Potami, and Pasok voting in support of the government. Sixty-four deputies voted against it, 32 of whom were Syriza members, and the rest from the fascist Golden Dawn and the Communist Party of Greece (KKE). Another six MPs from Syriza abstained.
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