Greek Parliament

: IMF chief Christine Lagarde said on Saturday she hoped for "a lot of progress" after the Greek parliament backed leftist Prime Minister Alexis Tsipras new reform plan, aiming at a rescue worth more than 80 billion euros . But austerity-minded Germany holds the keys to the outcome, and a EU leader and two other sources gave no more than a 50-50 chance that a make-or-break European summit Sunday would approve a deal, according to Nine News Australia. Hardliners Berlin and the Baltic states are exasperated with Greece radical Syriza government, blaming it for more than five months of bitter negotiations in which trust has been the biggest casualty. AFPEurozone finance ministers are set to give their verdict on Greece last-chance bid for another bailout to keep its economy afloat and prevent its exit from the single European currency. Finance ministers from the 19-country eurozone were to meet in Brussels on Saturday to review Greece proposals for market-oriented reforms in exchange for its third bailout since 2010.EU economic affairs commissioner Pierre Moscovici said that "rapidly" putting reforms in action was "key to getting a program, to be able to tackle the debt."Greece has repeatedly called for efforts to ease a crushing debt burden - amounting to nearly 180 per cent of the country yearly economic output - to be part of any deal. It includes plans for a pensions overhaul, tax hikes and privatisations. Tsipras package was approved by parliament in Athens in the early hours of Saturday, with the backing of 251 out of 300 deputies. (news.financializer.com). As reported in the news.