German Parliament ratifies resolution on second aid package for Greece

The German Parliament ratified on Friday with a comfortable majority by the government coalition deputies the resolution on the second aid package for Greece. The resolution had been tabled by the Parliamentary groups of the three government parties CDU, CSU and FDP.   
Addressing the Parliament, German Finance Minister Wolfgang Schaeuble  underlined the seriousness of the situation in Greece and Europe.
"The situation in Greece and Europe is serious," Schaeuble said.
An additional aid programme must be shaped for the country's funding hole to close, so that the next tranche can be paid in early July. Without the payment of the next tranche the immediate danger exists of a stop in payments with grave consequences and global risks due to the spreading of the crisis, he said.

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