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German parliament backs Greek bailout

Other News Materials 27 February 2012 20:53 (UTC +04:00)

The German parliament approved Monday an international rescue package for Greece, dpa reported.

In a closely-watched vote, opposition Social Democrats (SPD) and Greens joined members of Chancellor Angela Merkel's centre-right ruling coalition in voting in favour of the bailout, worth 130 billion euros (174.4 billion dollars).

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