German parliament approves final tranche of Eurozone bailout for Greece
2018-06-30 09:48:21 source:Xinhuanet
June 30, 2018
The federal parliament in Germany granted its approval to the final tranche of Eurozone bailout funds for Greece on Friday.
A large majority of 410 delegates supported a corresponding request by the Ministry of Finance, an outcome which was necessary for Berlin to commit to a landmark deal which was recently agreed between Athens and its international creditors. Two hundred and twenty-six parliamentarians voted against the motion while seven abstained.
"We have given a sign of European solidarity", Finance Minister Olaf Scholz (SPD) commented on the development, highlighting that Greece was already "on a good path" to economic recovery again and would hence be able to successfully complete its third bailout program in August.
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