GERMANS APPROVE EURO RESCUE PLAN
Baku, May 21 (AZERTAC). Germany`s parliament has approved the country`s contribution to a 750bn euro ($938bn, £651bn) rescue deal for the eurozone, according to the BBC.
The German contribution is key to the plan, and would amount to up to 148bn euros.
Chancellor Angela Merkel has faced widespread domestic opposition to her support for measures to help Greece and other struggling EU economies.
But she has warned that the euro would be “in danger” without strong action.
The Bundestag, or German lower house, voted by 319 votes to 73 in favour of Germany`s participation in the bail-out, with 195 abstentions.
Two opposition parties - the Social Democrats and the Greens - abstained, while the Left Party voted against. The upper house then gave its approval.
Mrs Merkel hailed the vote as a clear signal that the German government backed a stable eurozone.
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