The agreement stands between donors and Greece. But now the deal must go through the parliaments. Only then can the rest of the euro parliaments may approve the third billion-aid package. Greece has presented Wednesday night, on Friday must now follow, the Bundestag. The Greeks thriller Ticker.
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The facts: The agreement between donors and Greece stands. But now the deal must go through the parliaments. The Greek Parliament voted early Thursday morning after a previously heated debate. A majority of MPs approved first austerity and reform requirements of euro area countries. However, Prime Minister Alexis Tsipras lost his governing majority. On Friday, the third aid package then goes to the Bundestag
Should Germany Greece continue to help?
And so it goes:
- Friday, 10 clock : Despite noticeable discontent may Chancellor Angela Merkel (CDU): After the Greek parliament now the German Bundestag must still approve the aid package
07.04 clock. expected in the CDU and CSU with a broad approval for the rescue course the black-red government. However, announced 48 MPs from Merkel's faction in a special session on Thursday night at a no. The Group has 311 of the 631 seats.
The SPD faction turned almost solidly behind the plans to open negotiations. The Greens support a third Greek bailout package, but want to include a majority with the vote of the Bundestag. The Left wants the other hand reject negotiations - with the argument that Greece would be imposed to harsh conditions.
It was not until late in the afternoon were the deputies received documents from the federal government with several proposals and equipment as the basis for debate. Therein agreeing to negotiations on a third aid package and a bridging loan for Greece will be applied and stressed the readiness for additional debt relief, as longer loan maturities.
In the letter from Finance Minister Wolfgang Schäuble (CDU) stated that Germany would contribute to a bridge financing its share of previously unused central bank profit of euro area countries in the amount of 532 million euros. Only on Monday Greece must 3.5 billion euros to the European Central Bank (ECB) to repay. The money for a short-term interim financing should come from the EU financial pot EFSM.
Altmaier: IMF remains on Greek bailout on board
04.50 Clock: The International Monetary Fund (IMF) participates in the words of chancellery minister Peter Altmaier (CDU) continues the process of Greece rescue. IMF chief Christine Lagarde had "made it very clear that the IMF will not retreat," Altmaier said on Thursday in the ZDF broadcast "Maybrit Illner". The federal government had "very clearly said that the IMF must remain on board, that the IMF should be involved". In addition, the Greek Government had committed to make an application to the Monetary Fund.
According to the president of the Munich-based Ifo Institute for Economic Research, Hans Werner Sinn, the IMF will not contribute to a new bailout. "The IMF is no longer there, the IMF is out bowled," said sense in the show. Aids rafts then nevertheless to Athens. "Germany will then give money, if the IMF is no money", to sense with conviction. Lagarde called for in the discussion of a third rescue package a haircut for Greece. The Federal Government rejects this
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49 percent of Germans oppose further aid for Greece from
03.35 Clock: The Germans are split in their attitudes to a third aid program for Greece, according to a new survey. In "trend in Germany ARD television" to 49 percent of Germans speak against it from that of the Bundestag on Friday approved negotiations on further support for the Heavily Indebted crisis country during the vote. 46 percent are in favor of the Bundestag agrees to negotiations. Only eleven percent calculated that the Greek economy is advanced radically with the rescue package.
According to the survey, however expect 85 percent of the electorate, that the Greek government will be in the long run depend on aid from the EU countries. In the attitude to a third aid package which supporters of the CDU / CSU, SPD and FDP are divided about evenly between supporters and opponents. The voters of the Left and the Greens support against majority negotiations on a third aid package. Followers of other parties and non-voters are according to the survey clearly dismissive
Tsipras criticized nay-sayers to reforms in its own Syriza Party
03.23 clock. Following the vote on a first package of reforms in the Greek parliament Prime Minister Alexis Tsipras, the nay-sayers in his party criticized in no uncertain terms, but they threatened sanctions. "The election of the 32 deputies of the faction is contrary to the principles of comradeship and solidarity at a crucial moment", the Syriza party leader said on Thursday evening. The party would "damage" by such behavior
United Kingdom are resisting the use of EFSM funds
Friday, 17 July, 01.15 Clock:. United Kingdom has given up its initial opposition to use of the Alt-rescue fund EFSM at a bridge loan for Greece. The government in London announced on Thursday that it had received guarantees that Britain would not be liable for any default. As reported from the Ministry of Finance, an agreement was reached to preserve the UK and the other non-euro area countries by a buffer against potential losses.
United Kingdom had previously strictly refused to on the Greek bailout participate. British Finance Minister George Osborne had referred to the EU Commission's plan to use the EFSM on Tuesday as a "non-starter". London alone would but use can not block and needed allies for veto
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resistance in Union Group
23.17 Clock: In the Union faction in the Bundestag does not want a large part in the special session of the Bundestag on Friday for negotiations on new financial aid for Greece . vote 48 deputies announced at a special meeting of the Group on Thursday night at a No, three abstained. . The Group has 311 of the 631 seats
Steinbrück frustration speaks from the soul and speaks of the fourth aid package
22.28 Clock: Former German Finance Minister Peer Steinbrück has spoke on the eve of the vote on negotiations for new aid for Greece his party colleagues in a speech to the conscience. The reported "image".
Steinbrück who wants to vote against the new aid is said to have spoken in connection with the current ECB support for Greek banks from "wrongful". The possible need for a fourth aid package he presented accordingly in the room.
Other group members report to the "image" of an icy atmosphere during Steinbrück's speech. Besides Steinbrück only the SPD deputies Thomas Jurk will vote against new negotiations with Athens. Steinbrück's view more billions in aid would not affect the overall economic situation of Greece
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