Greek Bailout Moves Ahead After German Parliament Backs Program

August 19, 2015 10:22 AM

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Greece’s third bailout cleared one of its last hurdles after the German parliament voted in favor of the aid package of as much as 86 billion euros ($95 billion).

The Bundestag approved the bailout after a week of hard lobbying from Merkel and Finance Minister Wolfgang Schaeuble to stem a possible revolt within their caucus. Merkel voiced confidence Tuesday that the International Monetary Fund will help provide loans, while Schaeuble told lawmakers Wednesday ...

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