"The Eurogroup welcomes the adoption by the Greek Parliament of all the commitments specified in the Euro Summit statement of 12 July," the Eurogroup of the eurozone's 19 finance ministers said in a statement after a conference call on Thursday.
European Central Bank President Mario Draghi said at a news conference in Frankfurt, Germany that emergency credit to Greek banks has been raised by $980 million over one week.
Greek banks have been closed since June 29 after the ECB opted against raising the credit it makes available.
Amid violent protests overnight, the Greek parliament voted early on Thursay in favour of tough austerity reforms in a bid to save the country from bankruptcy, despite opposition from a number of government legislators.
The package passed with 229 votes in favour in the 300-seat chamber, but 38 Syriza legislators abstained or voted against the government, including including former Finance Minister Yanis Varoufakis, current Energy Minister Panagiotis Lafazanis, Deputy Labour Minister Dimitris Stratoulis and speaker of parliament Zoe Constantopoulou.
Prime Minister Alexis Tsipras made a final appeal for support of the tough bailout measures imposed by European partners this week, telling legislators there was no alternative, even though he disagreed with the measures.
"We don't believe in it, but we are forced to adopt it," Tsipras said.
Independent eurozone analyst Yannis Koutsomitis told Al Jazeera that he expected a government reshuffle following the vote, as two or three ministers had voted against the bill.
However, Koutsomitis said he did not expect the prime minister to resign.
