The Greek parliament approved a bailout deal for the country Friday. Now, European finance ministers meeting in Brussels are to consider the $93 billion financial rescue. They are expected to approve it.
Greece needs the money from international creditors by August 20. That is when it must pay $3.5 billion in debt to the European Central Bank.
Greece has been in a financial crisis for more than five years. The country has already received two major financial rescues, which have require strong austerity, or cost-cutting measures. Some critics say the measures will further damage Greece’s economy.
