Greek Parliament Approves Austerity Bill

The Greek parliament has voted to approve the austerity measures imposed on the country by its creditors. The austerity measure will hike up taxes and cut spending as part of the country's bailout plan. Former Greek Finance Minister Yanis Varoufakis, who lost his post earlier this month, voted against the government in the vote, while Prime Minister Alexis Tsipras said he had no choice but to accept the terms. “We had a very specific choice: A deal we largely disagreed with, or a chaotic default,” he told parliament.