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Bundestag backs Greek bailout extension

While the four-month extension passed with a comfortable majority of 542 out of 587 lawmakers in the Bundestag who voted, there was a substantial rebellion within Ms Merkel's Christian Democratic Union and sister party the Christian Social Union. There were 13 abstentions.


Invoking the second world war, Wolfgang Schäuble, finance minister, told the Bundestag: "In the 70 years since this catastrophe, the German catastrophe, we Germans should do everything we can to ensure that we hold Europe together."

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Fri Feb 27th, 2015 at 09:46:05 AM EST
Greek bailout deal gets Bundestag green light | Business | The Guardian

The German parliament has backed the extension of the Greek bailout by four months with an overwhelming majority - the biggest yet of any Bundestag vote on measures to fight the European debt crisis.

But in a sign of growing scepticism over Greece's financial aid package within Germany, 29 MPs from Angela Merkel's CDU/CSU bloc rebelled and voted against the plan. A total of 542 MPs voted in favour, with just 32 MPs voting against and 13 abstaining.

The finance minister, Wolfgang Schäuble, admitted at the start of the session: "This is not an easy decision for any parliament member." He also told MPs that Greece is not getting more money.

"We're not talking about new billions for Greece, we're not talking about any changes to this programme - rather it's about providing or granting extra time to successfully end this programme."

Yeah good one Wolfie... Extend and pretend... that nothing has changed.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Fri Feb 27th, 2015 at 10:10:25 AM EST
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