• Germany's news in English
 
app_header_v3

BILD says 'NEIN' to Greece bailout extension

The Local · 26 Feb 2015, 13:00

Published: 26 Feb 2015 10:24 GMT+01:00
Updated: 26 Feb 2015 13:00 GMT+01:00

'NO! No more billions for the greedy Greeks!' the paper declared in its print and online editions.
 
It urged readers to snap a selfie while holding it and email it back to the paper as part of a campaign against further subsidies.
The paper also prominently quoted earlier promises by top Greek officials that "Germany will get its money back, and with high interest", adding "No one believes it any more!"
 
People from across Europe reacted angrily on Twitter, with one Greek responding to Bild with a picture of German soldiers executing Soviet partisans during the Second World War.
And there were the beginnings of a campaign among pro-Greece Germans to post their own selfies saying "NEIN" to Bild.
CDU hardliners maintain resistance
 
Although Greece's bailout package looks set for approval by parliament, its passage will be marked by internal growling within the CDU/CSU alliance in Germany's ruling coalition, a trial vote showed on Thursday.
 
Twenty-two of the 311 MPs voted against renewing the financial aid programme for Greece ahead of Friday's crucial parliamentary vote on the issue, with five abstentions, Spiegel Online reported. 
 
The whole of the Bundestag (German parliament) will now decide whether Germany will support an extension to the current financial assistance to Greece, which expires on February 28.
 
Parliaments in several other countries must also accept the aid proposals by the end of the week if Greece is to avoid missing debt repayments.
 
Rejecting the package will push Greece towards bankruptcy and a possible exit from the Euro single currency. This would potentially come at a cost of billions to the country's creditors, who have already lent Greece €240 billion, and written down debt of €100 billion.
 
Together with the Christian Socialist Union (CSU), Chancellor Angela Merkel's Christian Democratic Union (CDU) and its Social Democratic Party (SPD) coalition partner control 80% of the vote in the house.
 
With a general consensus having been reached on the issue, this essentially guarantees passage of the Greek aid programme. 
 
But Germany has kept the pressure on Greece, with strong statements that the new government of Prime Minister Alexis Tsipras must meet the pledges of its existing bail-out programme.
Story continues below…
 
Finance Minister Wolfgang Schäuble said on Wednesday that Athens would not  receive "a single euro" until it does so.
 
Tsipras and his Finance Minister Yanis Yaroufakis are struggling to balance a deal that can satisfy both the Greek electorate and the country's foreign creditors.
 
Their Syriza party was largely elected in January on a promise to ease harsh austerity measures demanded by foreign lenders.
 

For more news from Germany, join us on Facebook and Twitter.

The Local (news@thelocal.de)

Your comments about this article

Today's headlines
Raging ticket controller seizes Chinese traveler's passport
File photo of a plainclothes ticket controller. Photo: DPA.

Germany's national rail operator is in hot water after a ticket controller reacted aggressively to a newly arrived Chinese traveler who made one of the most basic transit mistakes: forgetting to stamp her ticket.

Berlin politician crusades for health of skateboarding dog
File photo: DPA

Can a canine enjoy skateboarding? That's the question Berlin politicians are struggling to address in a row over a dog on four wheels.

Police hunt Brits who Hitler-saluted in concentration camp
Buchenwald. Photo: DPA

Authorities in Germany are searching for two British men who took a picture of themselves performing a Nazi salute in a torture chamber in Buchenwald concentration camp.

Far-right tries to lure voters with own-brand gummy bears

Germany's far-right party, the Alternative for Germany (AfD), have come up with an unusual marketing strategy on their website.

How your boss can still pay lower than the minimum wage
A protest in front of the Chancellery in 2013. Photo: DPA

German workers are disappointed about the first-ever court ruling on the country's year-old minimum wage law.

'Shit show' Berlin airport
Plan to open Berlin airport in 2017 finally (inevitably) dead
Passengers won't be walking beneath Willy Brandt's name in lights any time soon. Photo: DPA

Travellers are set to wait still longer for Berlin's much-delayed new airport to open, as city media report that a provisional opening date in late 2017 is no longer achievable.

Hero bin man saves child from 2nd storey plunge
Bogdan W. (r) with four-year-old Eden. Photo: DPA

A young boy had a miraculous rescue in western Germany on Wednesday when a bin man happened to see him hanging from the window ledge and managed to catch him just in time.

Church hides refugees from state in Bavarian beauty spot
The view near Tutzing on Lake Starnberg. Photo: DPA

The Catholic Church in southern Bavaria is offering religious asylum to refugees who fled Isis, and who the state now wants to deport.

German firm fights years-long battle to crack Rubik's Cube
Photo: DPA

A German toy manufacturer is nearing success in its long battle to be able to make a Rubik's Cube all of its own.

The Local List
13 (even more) thrilling facts you must know about Berlin
Berlin, du bist so wunderbar. Photo: DPA.

Berlin is just so gosh darn interesting, we couldn't fit it all into the first list on our website of infinite virtual space.

Sponsored Article
Eat, learn, live: unforgettable holidays in France
Society
Pegida enraged by black children on chocolate bars
Health
New father's tragic herpes warning touches 1000s online
National
Monsanto takeover would be 'diabolical': environmentalists
Lifestyle
10 fascinating facts you never knew about Berlin
Politics
MP recites explicit Erdogan bestiality poem on live TV
National
China beats Germany in readiness to help refugees
Hamburg
Headless Lübeck corpse turns out to be discarded sex doll
National
Pensioner claims to have found hidden Nazi nukes
Business & Money
Here's why Munich is worth 20 times more than Berlin
Culture
Five sure-fire ways to impress Germans with your manners
Lifestyle
6 things about Munich that will stay with you forever
Technology
Church plans to connect with faithful at Wi-Fi 'Godspots'
Technology
Online hate speech can cost users thousands of Euros
Society
Bavarians in rush for non-lethal weapons licenses
Sport
Here's Germany's Mannschaft for Euro 2016
Culture
The Syrian pianist playing his way into Germans' hearts
The parrot who flew fast enough to trigger a speed camera
Technology
New law could let free Wi-Fi bloom across Germany
Politics
Berlin's plans to beef up the German army
Sport
Lufthansa's Euro 2016 ad takes aim at England
National
Supermarkets must pay massive fine for fixing beer prices
National
4/20: Five things to know about weed in Germany
Berlin
Police break up hipster swarm at vegan restaurant opening
7,858
jobs available
Toytown Germany
Germany's English-speaking crowd