German Bundestag Approves Second Greek Bailout

Tyler Durden's picture

As expected:

  • GERMAN PARLIAMENT APPROVES SECOND GREEK BAILOUT - BBG
  • GERMAN PARLIAMENT VOTE 496 IN FAVOR, 90 AGAINST, 5 ABSTAIN - BBG

Same thing from Reuters:

Germany's parliament approved a second Greek bailout package on Monday despite growing German unease over debt-ridden Greece's ability to push ahead with painful austerity measures and remain in the euro zone.

 

It was not immediately clear if Chancellor Angela Merkel, facing a revolt from a small group of members of parliament from her own coalition, had to rely on opposition votes to pass the 130-billion-euro ($175 billion) Greek rescue programme.

And now, here come ze German tax collectors. The Greeks are ready.