News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

German lower house approves euro rescue plan

Germany's lower house of parliament approves country's contribution of up to €147.6bn for eurozone bailout package

Germany's lower house of parliament Friday approved the country's contribution of up to €147.6bn ($184.5bn) to a massive €750bn bailout from European Union countries and the International Monetary Fund for eurozone states on the verge of a default.

After a heated debate, with criticism from opposition parties, the bill was backed by 319 of the 587 votes cast, while 195 abstained and 73 voted against it.

WSJ Logo