Bundestag would approve Greek’s third bailout tomorrow – BBH

FXStreet (Edinburgh) - In the view of analysts at BBH, market consensus expects the German Parliament to approve the third bailout package for Greece. Focus will be on the CDU/CSU vote.

Key Quotes

“In Europe, the focus is on the German parliament vote on the Greek aid package tomorrow. It will be approved”.

“The only question is how many CDU/CSU will vote against the government”.

“This, along with a couple of other parliaments’ approval, will allow the check to be cut that will allow Greece to pay its creditors, including the 3.2 bln euro payment to the ECB tomorrow”.