Friday, February 27, 2015

Majority German parliament for renewal Greek aid – NU.nl

Majority German parliament for renewal Greek aid – NU.nl

542 members voted in favor, 32 MPs were against and there were 13 abstentions Friday. It is the largest majority ever a vote against the euro crisis.

The result is as expected. Some MPs had expressed their doubts, but most parties seemed to be already. The Lower House in the Netherlands voted Wednesday for an extension of the Greek aid.

The Greek Minister of Finance, Yanis Varoufakis, said Friday on Greek television that the reform plans of the government aware are written vaguely. That prevents them from being rejected by the parliaments of the euro countries

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The idea is called according to him ” productive ambiguity ‘. Varoufakis cites as an example a conversation he had in his own words with a

representative of an undisclosed euroland in Brussels.

That suggested to use a fuzzy number in one of the austerity proposals because a high number would not be realistic, but a low number would not come through the parliaments.

These parliaments are expected to quickly make clear whether they agree with the plans to the extent that they have not done. If the plans make it, the emergency aid for Greece will be extended by four months

Eurogroup approves proposals Greece |. What you should know about the agreement with Greece | all aid loans Greece

What you should know about a ‘Grexit’ | Greece File

By: NU.nl/ANP

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