BERLIN--Germany's Parliament on Friday approved the country's contribution of up to €147.6 billion ($184.7 billion) to a massive €750 billion bailout from European Union countries and the International Monetary Fund for euro-zone states on the verge of a default.
The Upper House of Parliament signed off on the bill after the Lower House approved it earlier Friday in a heated debate, with criticism from opposition parties. Some lawmakers of Chancellor Angela Merkel's center-right parties didn't back the measures. The bill was approved by 319 of the 587 votes cast in the Lower House, while 195 abstained and 73 voted against ...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.