|
 Prime Minister Alexis Tsipras has until Wednesday night to get
those measures adopted in the assembly. A first set of reforms
triggered a rebellion in his party last week and passed only thanks
to votes from pro-EU opposition parties.
The second bill, though less divisive, will still be a test his
weakened majority.
It puts into Greek law new European Union rules on propping up
failed banks, decreed after the 2008 financial crisis and aimed at
shielding taxpayers from the risk of having to bail out troubled
lenders.
The so-called bank recovery and resolution directive (BRRD) imposes
losses on shareholders and creditors of ailing lenders, in a process
known as "bail-in", before any taxpayers' money can be tapped in a
bank rescue.
 The European Commission in late May gave Italy, France and nine
other EU countries two months to adopt the rules, which were meant
to be applied by the end of 2014, or face legal action.
The bailout bill also includes the adoption of new rules for the
country's civil justice system, aimed at accelerating lengthy
judicial processes and cutting costs.
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Together with his coalition partners from the right-wing Independent
Greeks party, Tsipras has 162 seats in the 300-seat parliament. But
last week's rebellion cut his support to just 123 votes, meaning he
is likely to need opposition votes again.
Greece on Monday reopened its banks and repaid billions of euros
owed to the International Monetary Fund and the European Central
Bank in the first signs of a return to normality after it struck a
cash-for-reforms deal with other euro zone countries last week.
(Reporting by Lefteris Papadimas and Ingrid Melander; Editing by
Andrew Heavens)
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