Bundestag likely to follow other parliaments in approving Greek bailoutThe Bundestag is in the midst of debating the third Greek bailout. German Finance Minister Wolfgang Schäuble presented the bill to MPs saying the bailout is “a good deal that is in the interest of Greece and in the interest of Europe.” He added that it is “essential” that the IMF is involved and suggested he believed it would be. He also warned that there are “no guarantees that everything will work.” Approval is expected, although the level of rebellion from CDU/CSU MPs will be important. Frankfurter Allgemeine Zeitung reports that, …read more
Source: Open Europe