The Bundestag (Germany’s Federal Parliament) will vote on the extension of Greece’s loan agreement four-month extension on Friday, Christian Democratic Union (CDU) parliamentary representative Michael Grosse-Broemer announced earlier today.
Grosse-Broemer appeared confident that the voting will result to a “widespread adoption” despite doubts mainly expressed by associates of German Chancellor Angela Merkel.
Wolfgang Schaeuble: Greece won’t get a single euro until pledges are met
On the opposite though, German Finance Minister Wolfgang Schaeuble stressed that Greece, having won breathing space in its debt talks, will not receive “a single euro” until it meets the pledges of its existing bailout program.
In an interview with German public radio SWR, the leader of Eurozone’s hardliners toward the Greek issue underlined that Athens will get the assistance only if it fulfills what was agreed with the institutions (European Union, European Central Bank and International Monetary Fund). “If they fulfill those, then they can still receive the outstanding payments. And if they do not fulfill those, there will be no payments,” he declared.
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