The Traderszone Network

Published in TZ Latest News 17 July, 2015 by The TZ Newswire Staff

German lawmakers back Greek bailout despite rebellion; Tsipras sacks dissenters

German lawmakers gave their go-ahead on Friday for the euro zone to negotiate a third bailout for Greece, but a warning from Chancellor Angela Merkel that the alternative was chaos failed to prevent a hefty rebellion in her own party. The Bundestag, the lower house of parliament, whose backing was essential for the talks to start, decisively approved the move by 439 votes to 119, but almost a fifth of Merkel’s conservatives voted ‘No’.

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