Wednesday, August 19, 2015

German parliament approves third bailout of Greece – Deutsche Welle

A total of 454 deputies voted for the bailout, in an extraordinary session in the Bundestag, a mandatory requirement for the implementation of the aid package of up to 86,000 million euros (95,190 million dollars) step. 113 voted against and 18 abstained.

German Finance Minister Wolfgang Schäuble: “It’s not easy, but it is . At stake is the construction and structure of the monetary union “

The Finance Minister Wolfgang Schäuble, had opened the session by asking the support package:” It’s not easy, but it is in game construction and structure of the monetary union, “said the minister, who influenced the refusal to believe in their own rescue conservative ranks, which Germany must contribute 23,200 million. Schäuble is also considered as the highest representative of the hardest sectors against Athens in the Eurogroup.

conservative dissent and leftist criticism

After years of Greek crisis, more and more voices in the ranks of Merkel who refuse to continue supporting the Athens government, which they accuse of failing to comply with the agreement and not to apply the necessary measures to overcome the crisis reforms. It was not until the publication of the list of names to find out how many of the 113 votes against the Greek bailout, the third in five years, come from the Union, consisting of the Christian Democratic Union (CDU) Merkel and his party twinned Bavaria, the Christian Social Union (CSU).

In the vote was repeated what happened in the last 17 July, which gave its approval to the opening of negotiations for the package and where 60 members of the group conservative Merkel, with a total of 331 escaños- refused. Still, then as now the proposal received broad support, as Merkel’s grand coalition controls 80% of the camera.

For the parliamentary leader of the Left Party, Gregor Gysi, the

“asocial, anti-democratic and anti-European” policy Schäuble “is destroying the idea of ​​Europe.”

On the other hand, from the opposition Greens also supported the bailout, while the left vote against or was it refrained, in the words of the parliamentary leader of the Left Party, Gregor Gysi, the “asocial, anti-democratic and anti-European” policy Schäuble “is destroying the idea of ​​Europe.”

Germany, the Netherlands and the Eurogroup

Following the decision of Berlin missing only the vote of the Netherlands, which is expected along this Wednesday (19.08.2015), to give the green light to third Greek bailout. Once this step, the finance ministers of the euro area will hold a conference call to discuss the first payment of 26,000 million program that will last until 2018.

Athens must deal Thursday to repayment of a loan of 3,400 million euros to the European Central Bank (ECB). Until autumn (boreal) the International Monetary Fund (IMF) will not make a final decision on its participation in the third bailout, which helped negotiate.

RML (dpa, efe)

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