Friday, November 30, 2012

German lawmakers to green-light Greek bailout

Germany's parliament will approve a fresh bailout for Greece on Friday in a vote seen as a test of Chancellor Angela Merkel's authority over her center-right coalition less than a year before federal elections.

The outcome of Friday's vote in the Bundestag lower house is not in doubt but Germans are deeply uneasy over the costs of the euro zone debt crisis and the number of coalition lawmakers voting against will be keenly watched.

http://www.reuters.com/article/2012/11/29/us-eurozone-germany-greece-idUSBRE8AS1KI20121129