Athens: Greek's parliament on Thursday approved an omnibus draft bill ratifying the debt deal the government reached with creditors on Monday and the first round of reforms requested as prerequisites for the immediate release of international aid to avert imminent default and Grexit, media reports said.

It was the first of several draconian austerity bills demanded by Greece's creditors as a condition for a third financial rescue of the heavily indebted nation, Efe news agency reported.