Greece debt crisis: MPs to vote on new bailout plan

Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.
The proposals are aimed at staving off financial collapse and preventing a possible exit from the eurozone.
Eurozone finance ministers will examine the new proposals, which include pension cuts and tax rises, ahead of a full EU summit on Sunday.
Mr Tsipras is expected to win approval in parliament despite opposition from the left of his own Syriza party.
A parliamentary spokesman for Syriza, Nikos Filis, said he was confident parliament would give the government the mandate to negotiate the new bailout package.
The coalition government has 162 seats in the 300-strong parliament and also has the backing of many opposition MPs.


Analysis: BBC's Mark Lowen in Athens.
Greece's parliament is likely to give approval to negotiate the deal, because support from the opposition will outweigh critics on the far left of the governing Syriza party.
But with the tax hikes and pension reforms very similar to what the creditors were originally demanding, what has Alexis Tsipras achieved by holding last Sunday's referendum?
Possibly some concessions on debt relief and growth measures - or possibly by showing Greeks that he was fighting until the 11th-hour, it will strengthen his hand here and allow him to implement the reforms.
There will, though, be plenty of critics who say he was elected by promising to end austerity and he won a "No" vote just last Sunday. And now he's gone back on virtually every pledge.
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The prime minister submitted the proposals to Greece's creditors - the European Commission, the European Central Bank and the International Monetary Fund - by the Thursday deadline they had set.
According to Greek media reports, the measures submitted include:
tax rise on shipping companies
unifying VAT rates at standard 23%, including restaurants and catering
phasing out solidarity grant for pensioners by 2019
€300m ($332m; £216m) defence spending cuts by 2016
privatisation of ports and sell-off of remaining shares in telecoms giant OTE
scrapping 30% tax break for wealthiest islands

Media caption
Tim Willcox in Athens explains the new Greek proposals
Humiliation?
Energy Minister Panagiotis Lafazanis on Thursday urged the government not to agree to a bailout that would "surrender, loot and subjugate our people".
He said the "No" vote in last Sunday's referendum, when Greeks rejected creditors' terms for a new bailout, should not be turned into a "humiliating 'Yes'".
Further rallies are planned in Athens on Friday, both backing and opposing the terms of a new bailout.
There has been no immediate response to the new proposals from the creditors.
The plans will be discussed at technical level on Friday, before a meeting of eurozone finance ministers in Brussels on Saturday. There will then be a meeting of Eurogroup leaders on Sunday afternoon and a full EU summit two hours later.
European Council President Donald Tusk has described the situation as "maybe the most critical moment" in EU history.
Greece in numbers
€320bn
Greece's debt mountain
€240bn
European bailout
177% country's debt-to-GDP ratio
25% fall in GDP since 2010
26% Greek unemployment rate
Source: ECB, IMF, Greek National Statistics Agency
Reuters
Greece's creditors have already provided more than €200bn in two bailouts since a rescue plan began five years ago.
The second bailout expired on 30 June.
For the third bailout, Greece is reportedly seeking €53.5bn and a restructuring of its huge debt burden.
Greece's banks remain closed and the €60 (£43; $66) daily limit on cash machine withdrawals, imposed on 28 June, remains in force.

Crisis countdown
10 July: Greek parliament vote. ECB, EU and IMF discuss proposals at technical level
11 July: Eurozone finance ministers discuss plans (Brussels 13:00 GMT)
12 July: Eurogroup leaders meet (14:00 GMT) followed by summit of all 28 members of the European Union (16:00 GMT). Both Brussels
20 July: €3bn payment due from Greece to the European Central Bank