German parliament approves third Greek bailout of 86 billion euros over three years

The German parliament voted by an overwhelming majority Wednesday to back a third bailout for Greece worth 86 billion euros ($95 billion) over three years.

Interrupting their holidays for the second time this summer to cast ballots on a Greek rescue, lawmakers in the Bundestag lower house voted 454 to 113 for the rescue plan with 18 abstentions.