Despite widespread protests and skepticism among many members of parliament, the Greek parliament has passed the latest austerity/reform bill.
The Papademos government has secured 199 yes votes, easily more than the 151 needed to get a majority.
Greece still has a long way to go. It still needs to hammer down its restructuring deal with creditors. And it still needs its counterparties to disburse more money.
The euro is ticking up a little on the news, but mostly Monday is off to a muted start in financial markets.
Australia had been up 0.4 percent, but is now up just 0.1 percent
