The Greek Parliament approved today another round of cuts targeting pensions and health care as the nation attempts to avert a financial collapse by obtaining the second financial aid and also by meeting the budget-cut targets to reduce the huge amount of debt the nation handles.

This move follows 3.2 billion euros of cuts ratified by the parliament earlier this week, where the law passed through the parliament with 213 lawmakers in favor of the law and 58 against it, Acting Parliament Speaker Grigoris Niotis said early today in remarks on state-run Vouli TV.