German and Dutch approves Greece's USD3.5b bailout


(MENAFN) The German and Dutch parliaments approved a third bailout for Greece yesterday for it to repay theUSD3.5 billion debt to the European Central Bank.

While the Dutch parliament gave its blessing to the Greek rescue, a considerable number of conservative lawmakers rebelled, objecting to pouring yet more billions into Greece.

Popular doubts about more help for Athens run deep in Germany, the Eurozone country which has already contributed most to Greece's two previous bailouts since 2010.

Moreover, Greek Prime Minister and his inner circle debated whether to take on anti-bailout rebels in his own radical left Syriza party by calling a parliamentary confidence vote or going straight to early elections.


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