The Azerbaijan State News Agency

WORLD

GERMANS APPROVE EURO RESCUE PLAN

21.05.2010 [23:21]
Print
A⁺ A^-

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.

Other news in this section

21.09.2026 [18:05]

Irish privacy regulator fines Google €403 million over location data processing

21.09.2026 [17:56]

Scientists successfully test underwater solar cells 32 feet below the South China Sea

21.09.2026 [17:40]

Tesla faces major trial for alleged bias against Black workers, after years of lawsuits

21.09.2026 [15:40]

Humanoid robot sales tally hit 7,000 globally last year

21.09.2026 [14:46]

Tanker struck by unknown projectile in Strait of Hormuz, 2 crew members injured

21.09.2026 [14:41]

Egyptian archeologists unearth rare tombs, Roman camp in Nile Delta

21.09.2026 [14:08]

French lawmaker Rima Hassan files complaint against interior minister for alleged secrecy breach

21.09.2026 [13:50]

Iran says it downed US MQ-1 drone over Strait of Hormuz

21.09.2026 [12:16]

GERMANS APPROVE EURO RESCUE PLAN

FEEDBACK

Other news in this section