Saturday, August 15, 2015

German Lawmakers to Decide on New Bailout for Greece – Wall Street Journal

FRANKFURT—German lawmakers will decide about a new bailout package for Greece on Wednesday morning, a Bundestag spokesman confirmed Saturday.

On Friday, the 19 eurozone finance ministers paved the way for a new aid package to help Greece's struggling economy by agreeing to hand out bailout loans up to €86 billion ($ 96 billion). The deal, however, still needed to be approved by some of the eurozone countries' national governments, for instance Germany's.

Saturday morning, Bundestag President Norbert Lammert sent out a letter to German lawmakers, encouraging them to show up in a special session Wednesday to decide on the bailout package.

Germany's finance minister, Wolfgang Schäuble, said earlier this week that he expected a vote in the German parliament Tuesday or Wednesday.

Write to Ellen Emmerentze Jervell at ellen.jervell@wsj.com

LikeTweet

No comments:

Post a Comment