Wednesday, August 19, 2015

German parliament approves third Greek bailout in landslide vote


(NY Post) Germany’s parliament overwhelmingly approved a third bailout for Greece on Wednesday, removing a key hurdle to providing new loans to the country and keeping it from defaulting on its debts in as little as 24 hours.

The vote’s result also seemed to dispel any speculation that Chancellor Angela Merkel would have difficulty getting her conservative bloc to sign on. Lawmakers voted 454-113 in favor, with 18 abstentions.

The approval is among the last due from parliaments across Europe, with the Dutch scheduled to vote later Wednesday, after which Greece is expected to get the first installment of its new 86 billion-euro ($95 billion) loans package.

Read full article here.

0 comments:

Post a Comment

 
Copyright © 2014. World Issues Truth . All Rights Reserved
Home | | Contact Us | Privacy policy | About | | Site map
Design by Herdiansyah . Published by Borneo Templates