German Cabinet approves Greece bail-out

German Chancellor Angela Merkel’s Cabinet has approved legislation to provide Greece with billions in aid as part of an EU bailout plan, an official said today.

German Cabinet approves Greece bail-out

German Chancellor Angela Merkel’s Cabinet has approved legislation to provide Greece with billions in aid as part of an EU bailout plan, an official said today.

Germany’s contribution was expected to be €8.4bn for the first year of the bail-out.

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