Merkel said the advantages of an aid package of as much as 86 billion euros ($94 billion) outweigh the drawbacks. “A lot more is at stake” than Greece, she said, citing conflicts in Ukraine and the Middle East and Europe’s refugee crisis.
“The alternative to this agreement would not be a “time-out” from the euro… but rather predictable chaos”, she told the Bundestag.
The process is expected to last around four weeks and to lead to Greece getting around 85 billion euros (£59 billion) to help it pay off upcoming debts. “And wherever we still find discrimination, we will continue to dismantle it”, the German Chancellor pledged in her first-ever YouTube interview, as mentioned by Deutsche Welle.
Addressing the chamber before the vote, Merkel had argued that “we would be grossly negligent, indeed acting irresponsibly if we did not at least try this path”.
Schaeuble himself has suggested that Greece might be better off taking such a time-out from the euro zone to sort out its daunting economic problems.
A little more than a quarter of the 149 lawmakers from Tsipras’ radical-left Syriza party either voted against or abstained in Wednesday’s vote, including two cabinet members as well as the parliament speaker and former finance minister, Yanis Varoufakis.
Mundt quickly rebutted: “So you could say: no to discrimination, but we’ll keep differentiating between the two”.
In early June the upper house of the German parliament adopted a resolution calling for the legalisation of same-sex marriage, which is opposed by Chancellor Angela Merkel’s conservatives.
“Today Angela Merkel is saving Greece, tomorrow the world, and the day after tomorrow, the universe”, wrote Holger Burba, a reader from Lower Saxony.
Last month’s gay pride march in the German capital Berlin was a typically festive affair, with lashings of sequins, fake eyelashes, wigs and feather boas, rainbow flags, and even one reveller who appeared to have dipped his penis in gold paint.
The terms of the bailout proposal have drawn considerable criticism of Germany from other European nations as well as among left-leaning politicians in Germany itself.
International Monetary Fund chief Christine Lagarde on Friday reiterated the need to ease Greece’s crushing debt burden, which at 320 billion euros is currently 180 percent of GDP.
“It seems she’s saying that certain institutions that are so hallowed… that they should not be made available to LGBT families”, Stern said.
The country has debts of €320bn and is seeking its third global bailout.
Germany is one of several eurozone states that must give the green light before the rescue deal can go ahead.
The size of the “No” vote was far larger than when German lawmakers voted on the extension of a second bailout package in February.
Schauble’s comments Thursday brought some rebukes from lawmakers who objected to putting the possibility of a fracture in the eurozone back on the table. Lawmakers gave him resounding applause.
“Every debate about a “Grexit” must be consigned to the past”, Gabriel said.