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Europe Daily Bulletin No. 10396

11 June 2011
GENERAL NEWS / (ae) eu/greece
Bundestag agrees to aid involving private sector

Brussels, 10/06/2011 (Agence Europe) - On Friday 10 June 2011, the German parliament (Bundestag) passed a non-binding resolution in favour of the second Greek bailout as long as Greece's private creditors bear some of the financial burden. German Finance Minister Wolfgang Schäuble told the Bundestag that “private sector involvement in the bailout would be inevitable if there are any doubts about Greece's ability to pay back its debt and if more time is to be granted by a new aid...

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A LOOK BEHIND THE NEWS
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