By Claire West

The Greek parliament has voted in favour of a package of austerity measures intended to save the country from defaulting on its debts. However, William Hill punters remain unconvinced about the state of the Greek Economy.

Hills were forced to cut the odds of the Greece defaulting on their debts before the end of 2015 from 1/5 to 1/10 after punters across Europe gave the Greek austerity measures a big thumbs down.

The bookies are also betting on Ireland and Portugal defaulting on their debts — with both countries on offer at 5/6 to do so.

Meanwhile, William Hill make Spain their 10/11 favourites to be the next country to be bailed out by the EU.

‘The betting on whether or not the Greeks default is as volatile as the mood on the streets of Athens,’ said William Hill spokesman Tony Kenny, ‘Our punters are betting against the Greeks failing to pay their bills, but who knows what’s around the corner in this crazy financial market.’

Latest Euro financial odds

Greece to default on their debts before 31st December 2015 (Must be confirmed by the IMF or EU)
1/10 Yes
7/2 No

Ireland to default on their debts before 31st December 2015 (Must be confirmed by the IMF or EU) )
5/6 Yes
5/6 Yes

Portugal to default on their debts before 31st December 2015 (Must be confirmed by the IMF or EU)
5/6 Yes
5/6 No

Next Country to receive an EU Bailout: (Must be confirmed by European Central Bank) 10/11 Spain, 3/1 Italy, 7/2 Cyprus, 5/1 Belgium,7/1 Slovenia, 8/1 Slovakia, 12/1 Estonia, 20/1 Malta, 40/1 Netherlands, 50/1 Luxembourg, 66/1 Austria, 100/1 France, 150/1 Finland, 500/1 Germany

Which Country Will Leave The Eurozone? 1/2 Greece, 5/1 Portugal, 8/1 Germany, 8/1 Ireland, 8/1 Germany, 14/1 Italy, 14/1 Belgium, Slovenia, 16/1 France, 16/1 Slovakia, 20/1 Cyprus, 25/1 Malta, 33/1Estonia, 33/1 Austria, 33/1 Finland, 33/1 Luxembourg, 33/1 Holland
Check out the latest financial betting at http://financials.williamhill.com/