German parliament lower chamber approves Greek aid package

2010-05-07 10:09:24 GMT2010-05-07 18:09:24 (Beijing Time) Xinhua English

German Chancellor Angela Merkel (C, back row) listens at the lower chamber of parliament after voting for the Greece rescue package in Berlin May 7, 2010. Germany's lower chamber of parliament on Friday approved its share in a multi-billion-euro rescue package for debt-laden Greece. (Xinhua/Luo Huanhuan)

German Chancellor Angela Merkel (R) talks with German Foreign Minister Guido Westerwelle at the lower chamber of parliament on the Greece rescue package in Berlin May 7, 2010. (Xinhua/Luo Huanhuan)

BERLIN, May 7 (Xinhua) -- Germany's lower chamber of parliament on Friday approved its share in a multi-billion-euro rescue package for debt-laden Greece.

The Bundestag voted 390-72 with 139 abstentions for the bailout bill which would offer 22.4 billion euros (29.1 billion U.S. dollars) to Greece in credit over three years.

It is part of an aid package of 110 billion euros (141.6 billion dollars) agreed between the Greek government, the European Union and the the International Monetary Fund.

The German cabinet approved the Germany portion in the package on Monday. The upper parliament chamber is set to vote on the package later in the day.

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