Greece's parliament has approved an austerity and debt-relief bill, crucial for the country to avoid bankruptcy.
Lawmakers voted early on Monday in favour of the bill that imposes harsh new austerity measures in return for a 130 billion ($A161.28 billion) new bailout agreement and related deal with private creditors to shave 100 billion off the country's national debt.
The vote occurred after extensive rioting and looting swept through the Greek capital.
