Picture taken on July 17, 2015 shows German Chancellor Angela Merkel (L) and her finance minister Wolfgang Schaeuble during a debate in the Bundestag, the German lower house of parliament in Berlin. AFP PHOTO / TOBIAS SCHWARZ
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German Finance Minister Wolfgang Schaeuble said Monday he had no qualms about urging fellow lawmakers to approve a new bailout for Greece in a parliamentary vote Wednesday, citing a dramatic change in the Greek government's readiness to reform.In a robust endorsement that could help Chancellor Angela Merkel's grand coalition win broad backing for the bailout, Schaeuble said he was confident that the International Monetary Fund, whose imprimatur many lawmakers see as guaranteeing rigorous implementation of budgetary and reform targets, would take part.Schaeuble called existing loan terms to Greece "very generous".Last month, a record 65 lawmakers from Merkel's conservative camp broke ranks and refused to back negotiations on the bailout.
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