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German Parliament To Vote On Greek Bailout

By: Colin Clarke
Updated: February 27, 2012
   (Berlin)  --  The German parliament is set to vote today on a new Greek bailout package.
   The parliament is expected to pass the 130-billion-euro rescue package.
   But German Chancellor Angela Merkel is expected to face an uphill battle convincing her own party to vote in favor of the bailout.
   At least a dozen members of the chancellor's center-right coalition are vowing to reject the package.
   Opposition parties the Social Democrats and Greens have said they will support the package.
   Meanwhile, support among Germans for a Greek bailout plan appears to be waning.
   A new poll published in German newspaper "Bild am Sonntag" shows 62-percent of Germans are against the bailout, while 33-percent support it.
   

   (Copyright 2012 by VERTEXNews/Newsroom Solutions)

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