Greek Prime Minister Alexis Tsipras checks a mobile phone during a voting session at the Parliament in Athens, Greece, July 11, 2015. REUTERS/Christian Hartmann
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Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but he faced a rebellion in his own party that could threaten his majority in parliament.Euro zone sources said bailout talks are now very likely after the European Commission, European Central Bank and IMF told euro zone governments after a review of Tsipras's proposals that they were sufficient basis to start negotiating conditional loans from the currency bloc's ESM bailout fund.Leaders from the euro zone and the broader EU are due to meet in Brussels on Sunday.A source close to the matter said the EU/IMF review found that Greece some 74 billion euros in additional financing.The country has had two bailouts worth 240 billion euros from the euro zone and the IMF since 2010, but its economy has shrunk by a quarter, unemployment is at more than 25 percent and one in two young people is out of work.
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