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Greek Main Opposition Says Will Not Back PM in Confidence Vote

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Greece’s conservative opposition New Democracy party will not back the government in a vote of confidence the prime minister is expected to call after Aug. 20, a senior party lawmaker said on Friday.

“New Democracy giving the government a vote of confidence? There is no chance of that,” lawmaker Makis Voridis said after parliament passed Greece’s latest bailout bill.

A senior New Democracy official confirmed the party did not intend to vote in favour of Prime Minister Alexis Tsipras’s government if a confidence vote was called.

Reuters

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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