Greece approves austerity package with razor thin majority

Greece’s government has approved with a thin margin an austerity package needed to unlock new aid from Europe, following a day of violent protests outside the Parliament in Athens.

Measures include spending cuts, tax hikes and increases flexibility in the labour market, worth €13.5bn.

Only 153 member of parliament out of 300 voted in favour of the bill, and after the vote two of the ruling parties expelled seven MPs for voting against the bill.

The bill anticipates the 2013 budget law, which is a condition for a new €31.5bn aid tranche from the International Monetary Fund and European Union.

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