BERLIN (dpa) – Finance Minister Wolfgang Schaeuble told reluctant members of the German parliament that agreeing to extend Greek’s rescue plan would allow Athens to complete reforms.
“It’s not about new money,” Schaeuble told Bundestag members. “It’s not about changing the programme. It’s about completing the programme.”
But he said he understood that approving the four-month extension of the bailout to the eurozone’s most indebted member state was “not easy” for many lawmakers.
Still, with Chancellor Angela Merkel’s conservative-led coalition commanding a huge majority in parliament, representing about 80 per cent of the seats in the 631-member Bundestag, an overwhelming number of lawmakers were sure to back the measure.