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August 20, 2015

Germany Approves $95B Greek Bailout as Greece Privatizes 14 Airports 
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The German Parliament has voted to approve a $95 billion bailout package
for Greece. The agreement has already been approved by the Greek
Parliament, although nearly a third of lawmakers from the left-leaning
Syriza party voted against the bill. The bailout requires the Greek
government to impose harsh austerity measures and to privatize some of
the country's assets. Earlier this week, in one such privatization deal,
the government agreed to sell the rights to operate 14 regional airports
to a German company.

 

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