Bundestag expected to approve bailout package for Greece

PanARMENIAN.Net - The German Parliament is expected to approve another bailout package for Greece with overwhelming support, despite misgivings among some conservative lawmakers, the Associated Press reports.

Finance Minister Wolfgang Schaeuble, a senior member of Chancellor Angela Merkel's Christian Democratic Party, will present the government's argument Wednesday for the 86 billion euro ($93 billion) bailout package for Greece.

Germany is the largest single contributor to the bailouts and many conservatives are skeptical about a third bailout for Greece.

Media have reported that in a test vote late Tuesday 60 of 311 conservative lawmakers voted no or abstained — fewer than had been speculated would say no.

In a similar vote last month, 60 members of the caucus voting no.

The deal is also supported by Merkel's coalition partner, the Social Democrats, and the opposition Greens.