German MPs vote on Greece bailout

BERLIN - The German parliament is voting on whether to allow negotiations on Greece's €86bn (£60bn) bailout deal.
Before the vote, Chancellor Angela Merkel warned of "predictable chaos" if deputies did not back the plan.

The deal is expected to be passed despite opposition from the left and some members of Mrs Merkel's conservative Christian Democrat party.

Greek MPs have already voted in favour of hard-hitting austerity measures required for a third bailout deal.

On Thursday, the European Central Bank (ECB) raised the level of emergency funding available.

This has paved the way for Greek banks, which shut nearly three weeks ago, to reopen on Monday.

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