After 17 hours of negotiations, this morning it was announced the much-discussed agreement between Greece and creditors to avoid Greek default. The Athens government has pledged to approve the reforms requested by the creditors in a very short time, in exchange the ESM will disburse another 86 billion euros in aid.
The agreement, reached this morning after a long weekend of negotiations, although it removes the specter of grexit, however, does not represent the end of the Greek soap opera. The path leading to the rescue of Athens will see the Parliament of Athens engaged in a vote of fundamental importance. In fact, by Wednesday, Parliament will have to launch the first reforms signed in the agreement, demonstrating Athens' willingness to get back on the straight path. The result of the vote scheduled for the next few days is far from obvious. The far left wing of Syriza has already declared its opposition to the new bailout plan even tougher than the latest draft agreement rejected by the Greeks in the referendum. The vote of the Greek parliament could definitively divide the party of the prime minister who is forced to rely on external help to pass the agreement. The formation of a caretaker government of national unity to approve the agreement and lead Greece to elections in the autumn is not excluded.
But even after the obstacle of the Greek vote, it won't be over yet. In fact, among the 27 member countries of the Union, at least 7 are obliged to pass the agreement between creditors and Greece by the vote of the national parliament. According to Le Monde they are France, Germany, Finland, Slovakia, Estonia, Latvia, Austria. In addition, the Netherlands and Ireland could also organize a consultation, while the Parliaments of Malta and Slovenia would also come into play - but only if the EU's financial commitment to Athens were to increase. On the other hand, Italy, Spain, Portugal, Belgium, Lithuania, Cyprus and Luxembourg will not be brought into play. According to an infographic by Le Monde, the countries most intransigent towards Greece will therefore vote: in particular Germany, Slovakia and Finland, while Belgium and Luxembourg, considered more accommodating towards Athens, will not be involved.
