SUBSCRIBERS

German lawmakers vote for third Greek bailout

But almost a fifth of Merkel's conservatives vote 'no' in a blow to the chancellor

Published Fri, Jul 17, 2015 · 09:50 PM
Share this article.

Berlin

GERMAN lawmakers gave their go ahead on Friday for the eurozone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was chaos.

The Bundestag Lower House of Parliament, whose backing is essential for the talks to start, decisively approved the move by 439 votes to 119, with 40 abstentions. But almost a fifth of Mrs Merkel's conservatives voted "no" in a blow to the chancellor.

Popular misgivings run deep in Germany, the eurozone country which has already contributed most to Greece's two bailouts since 2010, abo…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here