Parliaments that must back Greek bailout

Seven of the eurozone’s 19 parliaments have opted to hold a vote before approving the plan to give Greece an €86-87 billion, three-year rescue loan – Athens’ third bailout in five years
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Support for Greece

GERMANY

Chancellor Angela Merkel’s finance chief has demanded that €50 billion of prime Greek property assets be lodged in trust fund to serve as collateral for bailout and then be sold off to service debt

Greece owes  €86.7bn*

FINLAND

“Grand Committee” of 25 lawmakers will decide terms of bailout. Finland’s
eurosceptic foreign minister Timo Soini has threatened to bring down government if Helsinki doles out any more money to Athens

Greece owes €5.9bn

FRANCE

President Francois Hollande and German chancellor are deeply divided over how far to go to keep Greece in eurozone. Germany demands that Greece
respect eurozone rules while Hollande supports bridge financing for Greek banks. National Assembly expected to back bailout

Greece owes €66.3bn
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Little support for Greece

Bundestag will hold two votes on bailout – first to approve negotiations and  amount of aid, second to approve final deal. Within Merkel’s Christian Union CDU/CSU parties right-wing anti-Greek sentiment is on the rise

LATVIA

Prime Minister Laimdota Straujuma says it will be difficult to convince parliament

Greece owes €500m

SLOVAKIA

Prime Minister Robert Fico is reluctant to come to Greece’s aid. Favours split with Athens

Greece owes €2.8bn

ESTONIA

Approved initial Greek bailout but has since said “No”

Greece owes €700m

AUSTRIA

Parliamentary approval is not in any doubt as opposition Green party is set to vote yes

Greece owes €9.2bn
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*Includes bilateral eurozone loans, EFSF loans, and ECB exposure

Sources: Deutsche Bank, Bloomberg

Pictures: ZUMA Press/Newscom

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