German Parliament Backs The Greek Bailout Deal

Source: Adam Berry / Getty

Angela Merkel, the chancellor of Greece, is now in an especially tight position amid the votes that have been cast on Greece’s bailout package. The German Parliament ratified Greece’s bailout deal, but a record number of conservatives within Merkel’s own party voted against the measure, suggesting that her popularity and public approval could take a hit. Conservatives have also expressed their frustration that the International Monetary Fund is going to wait until October to decide if it will be involved in the bailout. Read more at the Wall Street Journal.

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