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German Parliament approves Greece's four-month bailout extension

Feb 27, 2015    

Berlin: Germany's Parliament has given its overwhelming approval to the four-month extension of Greece's financial bailout, despite unease over the new government in Athens.Lawmakers voted 542-32 on Friday to back the bailout extension. There were 13 abstentions.Finance Minister Wolfgang Schaeuble said ahead of the vote that "this is not about new billions for Greece, not about changing this program" and stressed that the goal is to complete Greece's existing bailout successfully.Germany, a key creditor nation, has advocated unpopular spending cuts and insisted that aid must come wit...

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