Greek reform plan gets green light from German parliament

Extension gives Greece breathing space to hammer out a new reform programme with the troika, but 29 MPs from Angela Merkel’s party voted against the plan

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.

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via Business Feeds

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