The European Stability Mechanism said today that it had agreed to release the next installment of the country's bailout program, following a 13 billion euro (USD 13.8 billion) payout in late August.
Parliament last week approved the new austerity measures, which include higher taxes on wine and road use as well as more limited protection for distressed mortgage holders.
Opposition to the measures saw the majority in parliament held by country's leftwing government cut from five seats to three.