THE GERMAN PARLIAMENT PASSED FINALLY THE REQUIRED LEGISLATIVE APPROVAL OF THE FINANCIAL ASSISTANCE PACKAGE FOR GREECE.

THE GERMAN PARLIAMENT PASSED FINALLY THE REQUIRED LEGISLATIVE APPROVAL OF THE FINANCIAL ASSISTANCE PACKAGE FOR GREECE.

      The German Parliament finally passed the required legislative approval of the financial assistance package for Greece during yesterday's debate after repeated debates and postponement of sessions on the allocated much sum of money in loans worth the amount of fourty four billion euros, despite the criticism of the Opposition parties against the government's involvement in sharing the burden of Eurozone member countries that may burden Germany's financial efficiency, economic growth and the projected industrial growth, if the Eurozone member countries fail to meet the required terms, or conditions of loans repayment with interest on the specified time period. However, on the other hand some government supporters have praised the government's increasing role in the Eurozone and World responsibility, particularly on the current problem of financial solution to some of the Eurozone member countries, the Euro crisis, the upgrade of the credit lines with the standards of living of all the member countries for more unified and strengthened European Union.

                                                         Written by Professor Godfrey Ohia.