Gjeldskrisen i EU
Extension gives Greece breathing space to hammer out a new reform programme with the troika, but 29 MPs from Angela Merkel’s party voted against the plan The German parliament has backed the extension of the Greek bailout by four months with an overwhelming majority – the biggest yet of any Bundestag vote on measures to fight the European debt crisis. But in a sign of growing scepticism over Greece’s financial aid package within Germany, 29 MPs from Angela Merkel’s CDU/CSU bloc rebelled and voted against the plan.
The Bundestag has voted to extend Greece’s aid programme by four months by a big majority, after hearing that Greece must meets its commitments 12.20pm GMT The Greek government may be nervous of exposing splits within Syriza by holding a vote on the bailout extension, but failing to hold a vote will not look great: Failing to put bailout extension deal to Greek parliament would be unwise and undemocratic If bailout ext goes to parliament it'll pass by opposition votes. If it doesn't it can be dubbed 'undemocratic'- A test for 12.05pm GMT Another [...]
Updated from 6:57 a.m. EST. NEW YORK (TheStreet) -- Here are 10 things you should know for Friday, Feb. 27: 1. -- U.S. stock futures were sinking Friday as investors awaited an influx of data on U.S. GDP, manufacturing and consumer sentiment. European stocks were mixed as a German parliamentary vote accepted Greece's eurozone bailout Friday. French consumer spending was up and Italian inflation ticked very slightly positive, both good signs for the European economy. 2. -- The economic calendar in the U.S. on Friday includes U.S. Gross Domestic [...]