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Merkel Gets Backing From German Lawmakers on Greece Bailout

Lawmakers from Chancellor Angela Merkel’s coalition fell in line behind her on a second bailout for Greece, clearing a potential hurdle to preventing the euro region’s first sovereign default.

Finance Minister Wolfgang Schaeuble, who with Merkel briefed lawmakers at evening meetings in Berlin yesterday, snuffed out any rebellion over aid after calling for private investors to share a “substantial” amount of the burden. Schaeuble is due to address the lower house of parliament tomorrow at the start of a debate on “euro zone stability.”