Debt crisis and Greek bailout: live 08.10 However from a UK perspective, there's some good - or at least not bad - economic news: The CBI says it now expects Britain to narrowly avoid going back into recession. Emily Gosden reports: The CBI predicted on Monday that Britain's economy would start growing again in the first three months of 2012, avoiding the two consecutive quarters of contraction that would technically constitute recession. The economy shrank by 0.2pc in the final three months of 2011, a greater-than-forecast decline that raised fears of a 'double-dip' recession. The CBI did cut its forecast for growth in 2012 to 0.9pc from the 1.2pc it predicted in November - but as Sky's economics editor Ed Conway points out, that's still better than the Government's own forecasts. 08.05 It would be untrue to say that the Greek vote has been greeted with unalloyed celebrating in the market (obviosly the fire-mobing protestors are none too pleased either). Erik Nielsen, chief global economist at Italian bank UniCredit in London told Bloomberg: I'm really wondering now whether so much damage has been done that this marriage no longer can be rescued. 07.25 With more detail on last night's vote in Athens and what it means for the meeting of eurozone finance ministers this week (they're due to rubber stamp the bail-out for Greece), Roland Gribben and Louise Armitstead report: The 199-74 vote was passed amid some of the most serious violence seen on the streets Athens and spread to other Greek towns and cities, including the holiday islands of Corfu and Crete. More than 45,000 protesters, many facing steep cuts in pensions, wages and a bigger fall in living standards besieged the Greek Parliament in two demonstrations. The controversial loan and austerity package sets out €3.3bn in wage, pension and job cuts for this year alone, adding to the pain of years of recession, high employment, lower wages and high unemployment. Parliament also approved a related deal to write off €100bn of Greek debt held by private banks. Another key hurdle needed for EU-IMF bailout funds to be released. The eurozone finance ministers must now approve the deal before the country can receive the fund needed to repay a €14.5bn bond on March 20. 07.15 What are your views on the what the vote means for Greece? Here's our poll. What will the bailout vote achieve for Greece? 07.10 Far East stock markets gained in early trading after the Greek vote, but in Japan rises were held back by a report that Japan's economy contracted more than expected. The Japan's Nikkei rose 0.6pc, South Korea's Kospi also rose 0.6pc, Australia's S&P-ASX gained 0.9pc and Hong Kong's Hang Seng added 0.5pc. European markets are also expected to open higher. Just after the Greek vote, David Jones of IG Index tweeted: 07.20 Greek finance minister Evangelos Venizelos, in a passionate appeal for support before the midnight vote, gave one of the quotes of the day. We must show that Greeks, when they are called on to choose between the bad and the worst, choose the bad to avoid the worst. Greek finance minister Evangelos Venizelos, in Parliament on Sunday. While Lucas Papademos, the Greek Prime Minister, condemned the violence: Vandalism and destruction have no place in a democracy and will not be tolerated. I call on the public to show calm. At these crucial times, we do not have the luxury of this type of protest. I think everyone is aware of how serious the situation is. 07.05 Ambrose Evans-Pritchard, our International Business Editor, believes the eurozone crisis will still drag on. Ahead of last night's vote, he wrote: And he says Germany will not emerge unscathed: Protest spread from Athen to other parts of the Greece - here a protester gestures at riot police during clashes in the northern Greek port city of Thessaloniki, late on Sunday. 07.02 The Greek parliament finally approved a deeply unpopular austerity bill late on Sunday to secure a crucial $130bn (£110bn) bailout needed to avoid a messy default amid street battles between police and protesters that left Athens in flames. Greeks are angry that they are being asked to accept more economic pain after years of recession and high unemployment. This spilled over in Syntagma Square outside parliament. The air was thick with tear gas as riot police fought running battles with youths who smashed marble balustrades and hurled stones and petrol bombs. Conservative lawmaker Costis Hatzidakis told parliament: We are facing destruction. Our country, our home, has become ripe for burning, the centre of Athens is in flames. We cannot allow populism to burn our country down. 07.00 Good morning and welcome back to our live coverage of the eurozone debt crisis.