Germany OKs negotiations for 3rd Greek bailout deal

Germany OKs negotiations for 3rd Greek bailout deal

Germany’s Bundestag has supported a third bailout package to Greece in a majority vote, paving the way for further negotiations of fresh money being provided to Athens of up to €86 billion.

439 MPs voted in favor, 119 – against, while 40 abstained.

The details of the three-year aid package are now set to be thrashed out between Greece and its partners in the eurozone. The process is expected to last around four weeks.

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