German parliament on Monday gave overwhelming support to Greece's second bailout package.
496 MPs of the lower of house of the German parliament, the Bundestag, voted in favor of a EUR130 billion rescue package approved by its international creditors, while 90 lawmakers voted against the second EU/IMF bailout for Greece.
With several MPs in her party opposed to the deal, Chancellor Angela Merkel urged them to back it, while conceding there was "no 100% guarantee" it would work.
Addressing the parliament, Merkel warned of the risks of throwing Athens another financial lifeline.
Eurogroup President Jean-Claude Juncker has convened a meeting of the Eurozone finance ministers on Thursday to discuss progress with Greece's second bailout package.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.