Tsipras Braves Parliament on Aid as Greek Outlook Worsens

Greek Prime Minister Alexis Tsipras braved a revolt in his own party as parliament in Athens began to debate a bailout of up to 86 billion euros ($95 billion) that international officials have already suggested won’t be enough.

With Greece’s finances deteriorating rapidly and its banks on the verge of collapse, the European Union proposed a four-week bridging loan that countries including the U.K. have refused to back. Adding to the worsening outlook, the European Commission and the International Monetary Fund both said they had serious concerns about Greece’s debt load.