Tags: EU | Germany | Greece Bailout

Germany's Merkel Lobbies Party to Support New Greek Bailout

Germany's Merkel Lobbies Party to Support New Greek Bailout

Tuesday, 18 August 2015 12:43 PM

BERLIN (AP) — German Chancellor Angela Merkel is meeting with top members of her party to shore up support for another bailout package for Greece ahead of a vote in Parliament on Wednesday.

The dpa news agency reported Tuesday that Merkel's hawkish Finance Minister Wolfgang Schaeuble, a senior member of her Christian Democratic Party, will present her government's argument to Parliament for agreeing to the 86 billion euro ($93 billion) bailout package for Greece, which may help allay some dissent.

Germany is the largest single contributor to the bailouts and many conservatives have been skeptical about a third bailout for Greece, with 60 of the 311-strong caucus voting against it last month.

But it's also supported by Merkel's coalition partner, the Social Democrats, and the opposition Greens and is expected to easily pass.

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German Chancellor Angela Merkel is meeting with top members of her party to shore up support for another bailout package for Greece ahead of a vote in Parliament on Wednesday.The dpa news agency reported Tuesday that Merkel's hawkish Finance Minister Wolfgang Schaeuble, a...
EU,Germany,Greece Bailout
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2015-43-18
Tuesday, 18 August 2015 12:43 PM
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