Greek parliament backs setting up committee to investigate bailout

Greek lawmakers voted on Tuesday in favor of setting up a committee to examine the circumstances under which Greece agreed to bailouts totaling 240 billion euros ($260 billion) with the European Union and International Monetary Fund. "After five years of parliamentary silence on the major issues that caused the bailout catastrophe, today we commence a procedure that will give answers to the questions concerning the Greek people," Prime Minister Alexis Tsipras told lawmakers before the vote in the early hours of Tuesday. Former prime minister Antonis Samaras, now the main opposition leader, accused Tsipras of trying to distract the public from the pressing issues facing the economy. "Indeed we will need a new committee... (to examine) the credit event (crunch) which you are bringing closer... and for the new bailout you are leading us toward," Samaras said.

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