Greece crisis: Negotiations approved for the third Greek bailout.

The German Parliament has approved a motion to pave the way for negotiations on the €86 billion bailout to Greece.  The motion was approved with 400 deputies voting in favour, 100 against.  Before the vote was taken, Chancellor Angela Merkel warned on what she called as a chaos that might emerge if the Bundestag does not approve the Greek plan.

In Brussels, the European Council also approved a bridge loan of seven billion euro so that Greece will have enough currency to pay its debt that expires this month and in August, until details of its loan can be agreed upon.

 

 

Other News
Foreign Affairs

A renowned student and activist in Hong Kong, Joshua Wong, called for the resignation of leader Carrie Lam, after he was released from prison. The student is synonymous with the…

Foreign Affairs

In Thailand, two men were accused of impersonating American actor George Clooney to promote a fashion business after years on the run. The two, 58-year old Francesco Gladelli and 45-year…

Foreign Affairs

Pope Francis celebrated Mass in the city of Camerino in central Italy which was devastated by an earthquake in 2016. The Pope spoke to residents who, till today, still suffer…

Foreign Affairs

Authorities in the South of France have declared a state of natural disaster following sudden heavy rainfall and hailstorms with sizeable hail. The storm has caused major damage to the…

View More