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Spain: MPs back third Greek bailout in Madrid01:25

Spain: MPs back third Greek bailout in Madrid

Spain, Madrid
August 19, 2015 at 01:19 GMT +00:00 · Published

Spanish MPs voted to approve a third Greek bailout in parliament in Madrid, Tuesday. The bailout, which is worth worth 86-billion euros ($95 billion) was approved by 297 yes votes to 20 no votes.

Alberto Garzon, leader of United Left, one of the parties that has voted 'No' to the bailout, has said that "this third bailout will fail as the first and the second bailouts did", while the Popular Party deputy Martinez-Pujalte has recognised that the bailout "doesn't guarantee anything." Although Spain is not required to have its parliament approve the package, Prime Minister Mariano Rajoy decided to go ahead with the vote.

Spain: MPs back third Greek bailout in Madrid01:25
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Spanish MPs voted to approve a third Greek bailout in parliament in Madrid, Tuesday. The bailout, which is worth worth 86-billion euros ($95 billion) was approved by 297 yes votes to 20 no votes.

Alberto Garzon, leader of United Left, one of the parties that has voted 'No' to the bailout, has said that "this third bailout will fail as the first and the second bailouts did", while the Popular Party deputy Martinez-Pujalte has recognised that the bailout "doesn't guarantee anything." Although Spain is not required to have its parliament approve the package, Prime Minister Mariano Rajoy decided to go ahead with the vote.