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Vote to extend Greece's bailout
27 Feb 2015 19:07
The German parliament has voted to extend the Greek bailout for another four months.
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A total of 542 members of the Bundestag voted in favour of the proposal with 32 against and 13 abstentions.
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German Finance Minister Wolfgang Schaeuble earlier urged his country's politicians to approve the bailout extension, saying it was no easy decision but necessary.
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He asked politicians "not to reject the request by the finance ministry, which wasn't easy for me either, because this would do great harm to our people and our future".
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Despite misgivings among some politicians, the Greek reprieve had been expected to easily pass the Bundestag lower house of parliament.
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Chancellor Angela Merkel's left-right "grand coalition" has a commanding majority in the house and opposition parties had also signalled support.
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Greece on Tuesday secured the four-month extension to its €240bn bailout after gruelling negotiations with creditors.
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It averted a potentially calamitous end of February deadline that could have seen Athens face default, bankruptcy and ultimately an exit from the euro.
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