German Lawmakers Approve Extension of Bailout for Greece

Greek Bailout Extension Approved

Lock
This article is for subscribers only.

German lawmakers approved an extension of Greece’s loan program after Chancellor Angela Merkel’s coalition staved off dissent from bailout-weary members in its own ranks.

With Merkel’s government holding a majority of almost four-fifths and opposition lawmakers adding their votes, 542 voted to approve the measure and 32 voted against, all but threeBloomberg Terminal of them from Merkel’s Christian Democratic-led bloc. Thirteen abstained.