The Presidential Daily Brief


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    Bundestag Approves Third Greek Bailout

    Angela Merkel is relieved … at least for now. The chancellor was facing down a rebellion among fellow conservatives today as the German parliament voted on the $95 billion funding package for Athens. But the legislators ratified the proposal, 454 to 113. Finance Minister Wolfgang Schäuble launched the debate, which saw 63 majority party MPs vote in opposition — but enjoyed widespread support from Social Democrats and the Green Party. Some fear that such opposition from within Merkel’s own party could set the tone for future fights over Greek finances and make her politically vulnerable.

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