It's official. Greece's Parliament has approved the country's third bailout deal just 10 days after fears an agreement wouldn't be reached hit a fever pitch.
But it's not all sunshine and rainbows. The VIX, a measure of expected near-term market volatility, rose hours before the vote as riots erupted in the streets of Athens. The S&P 500 also fell sharply near the end of Wednesday's trading and closed the session in the red.
The protestors, largely focused on anti-austerity chatter come after a faction of the nation's lawmakers called the E.U.'s bailout terms "humiliating" and "economic strangulation."
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
