Source: Wikimedia Commons Greece's parliament just voted [229 out of 300 in favor] for new austerity measures in order to unlock a bailout package worth 86 billion Euros, equivalent to ~$94 billion USD. As the four-hour long debate began, Greece's Finance Minister Euclid Tsakalotos said; "I don’t know if we did the right thing. But I know we did something to which there was no alternative.” 32 members [out of 149] of Tsipras' Syriza party voted against the bill, which could spell trouble for the Prime Minister down the road as he basically agreed to what Greece had just voted against in the "Greferendum". Tsipras is hoping this will allow the ECB to pump more liquidity into Greece to allow banks to reopen and for capital controls to be gradually [if not faster] removed over the coming weeks. The impact on the markets is yet to be seen, but I expected there will be a favorable reaction now that this hurdle is behind Europe and as the other necessary votes [such as the one expected on Friday in Germany's parliament] are carried out. We will have to see. What are your thoughts on Greece and the impending bailout?