shot-button
HMPV HMPV
Home > News > World News > Article > Greece debt crisis German parliament set to take vote on bailout deal

Greece debt crisis: German parliament set to take vote on bailout deal

Updated on: 17 July,2015 01:34 PM IST  | 
ANI |

The German parliament is set to take a vote on whether to allow negotiations on Greece's 86 billion euro bailout deal

Greece debt crisis: German parliament set to take vote on bailout deal

London: The German parliament is set to take a vote on whether to allow negotiations on Greece's 86 billion euro bailout deal.


Germany is one of the several eurozone states that must provide a nod before negotiations could be underway for a rescue deal, reported the BBC.



The accord is expected to be approved, despite a number of conservative MPs refusing to back any more financial aid to Greece.


Meanwhile, Greek banks, which shut down three weeks ago, are set to reopen on Monday.

The announcement became possible only after the European Central Bank (ECB) raised the level of emergency funding available. However, credit controls limiting ATM withdrawals to 60 euro a day will only be relaxed gradually, officials said.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Did you find this article helpful?

Yes
No

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK