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Greek parliament OKs 2013 budget (3)

(Xinhua)

09:24, November 12, 2012

In order to cover its immediate financing needs until the issue will be resolved, Greece will hold on Tuesday a new treasury bills auction as part of its monthly program of T-bills sales.

Samaras, as well as Finance Minister Yannis Stournaras, who travel to Brussels this week, expressed confidence while addressing the parliament ahead of the vote on Sunday night that Greece will receive the aid in time to stave off disorderly bankruptcy.

The improved outcome of the vote on the budget in comparison to Thursday's result eases scenarios of a possible collapse of the three-party coalition government which could deteriorate Greece's prospects to avoid disaster, local political analysts commented.


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