The German parliament has voted to extend financial aid to Greece by another four months.
The extension – approved by creditors last week in exchange for a series of Greek government reforms – needs to be ratified by eurozone members.
Some MPs had expressed doubts about the deal and there is substantial public scepticism but the vote passed easily.
It comes after police and protesters clashed during anti-government demonstrations in Athens on Thursday.
They were the first such disturbances since Greece’s leftist Syriza was sworn in as the main government party exactly a month ago, promising to renegotiate the country’s debt and end austerity.
Dozens of activists hurled petrol bombs and stones at police and set cars alight after a march involving hundreds of protesters. Some carried banners calling for Greece to leave the EU and for its debt to be cancelled.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.