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Greece

German Parliament Approves €8.5 Billion Loan to Greece

The €8.5 billion tranche for Greece has been approved by the competent committee of the German Parliament, based on the Eurogroup agreement. Germany today gave a green light to the disbursement of the next installment to Greece. In the closed...

German Parliament Approves Greek Bailout Deal Negotiations

The German Parliament authorized the German government on Friday to engage in negotiations for a European Stability Mechanism bailout program for Greece. 439 lawmakers voted Yes, 119 voted No and 40 abstained. 50 lawmakers from German Chancellor Angela Merkel’s CDU/CSU coalition...

German Parliament Approves Greek Bailout Program Extension

The German Federal Parliament approved Greece’s bailout program extension with 542 votes in favor, 32 votes against and 13 abstentions. German Social Democrats (SPD) member Axel Schafer condemned BILD’s anti-Greek campaign in front of the German Parliament, holding yesterday's front...

German Parliament to Vote for Greek Program on Friday Amid Schaeuble's New Threats

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...

German Parliament Backs Cyprus Bailout

Germany's lower House of Parliament voted overwhelmingly on April 18 to grant Cyprus a 10 billion euros ($13 billion) bailout to keep the island country's economy and banking system from collapsing because of bad loans and over exposure to...

Greek Loan Heads for German Parliament

With Greece still twisting in the wind and waiting for international lenders, including the Eurozone, to approve a long-delayed $38.8 billion loan installment, the German Parliament will put it to a vote next week. Greek Prime Minister Antonis Samaras had...

German Parliament Leader "Irritated" by Greek Referendum

A leader in Chancellor Angela Merkel's center-right coalition said on Tuesday he was "irritated" to hear Greek Prime Minister George Papandreou had called a referendum on the EU bailout deal for his country. Rainer Bruederle, parliamentary floor leader for the...

Yanis Varoufakis to Seek European Parliament Seat in Germany (video)

Former Greek Minister of Finance Yanis Varoufakis was selected on Sunday as a candidate of his party Democracy in Europe Movement 2025 (DiEM25) for the European elections in Germany. "I accept (the nomination) because it epitomizes the new trans-national politics...

Germany's Social Democrats Seek Parliamentary Debate on Greece's €8.5bln Loan

Germany's parliamentary budget committee is to discuss paying the next tranche of aid to Greece next week and must decide if the disbursement needs the approval of the full house agreed on by euro zone finance ministers. The junior partner...

German Debts to Greece Should be Claimed Through Diplomacy and in Court if Necessary, Says Parliament's Report

Greece should initially claim the German debts through negotiations with the German government but also in court if Germany insists on its current negative stance, said Greek parliament's intergroup committee for the claim of German debts report that was...

Greek Parliament to Decide On Committee for German Reparations

The Greek Parliament plenum on Tuesday will hold a debate and a voting on a proposal submitted by Parliament President Zoi Konstantopoulou for the re-establishment, reassembly and upgrading of the Parliament’s Cross-Party Committee to claim the German reparations and...

Germany Parliament: No Objection To Current Greece Aid Payment

The budget committee of Germany΄s lower house of parliament, the Bundestag, did not block the payment of the next sub-tranche of E2.5 billion aid to Greece Monday under the EU-IMF rescue programme, Norbert Barthle, the budget speaker of Chancellor...

Parliament to Investigate Former Defence Minister over German Sub Contract

An extraordinary plenary session was convened in Parliament on Thursday to discuss and vote on a proposal -- tabled by ruling PASOK MPs -- to set up a Parliamentary preliminary examination committee to investigate former defence minister Akis Tsohatzopoulos'...

Australia’s Parliament Calls for the Recognition of the Greek Genocide

Six speakers of Australia's Parliament approved earlier in the week the nation's first-ever motion for the government to officially acknowledge the Armenian, Assyrian and Greek Genocides. The motion's success with the Australian Parliament's House of Representatives is due to the...