BERLIN (MNI) – Germany’s main opposition party, the center-left
SPD, on Friday signaled that it will vote on Monday in parliament for
the second Greek aid package.

“We’re principally ready for this,” the SPD’s parliamentary budget
speaker, Carsten Schneider, said ahead of a meeting of the parliamentary
budget committee on the matter.

A rejection of the aid measures for Greece would be in the end more
costly for the German tax payer than approving them, Schneider argued.

Still, he called on German Finance Minister Wolfgang Schaeuble to
provide more details to lawmakers on the planned measures for Greece.

German Deputy Finance Minister Steffen Kampeter on Thursday told
the European affairs committee of the German parliament that Germany’s
share of the E130 billion Greek aid package would amount to some E37.5
billion in the case that the IMF does not contribute to the deal.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

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