French parliament passes Greek aid plan

0 CommentsPrint E-mail Xinhua, May 7, 2010
Adjust font size:

French Senate on Friday passed the amending bill to allot 3.9 billion euros (4.9 billion U.S. dollars) from its 2010 budget plan to aid debt-ridden Greece, which is part of a French loan of 16.8 billion euros over three years.

After one day's hearing and debate, the Senators finally adopted the Greek aid plan with a nearly unanimous agreement. A majority of 311 senators voted for the bill while only 25 votes against it.

The lower house National Assembly has made through the bill at the wee hours of Tuesday also by a show of hands. French Budget Minister Francois Baroin presented the bill firstly to the lower house on Monday.

The pass of the bill was expected, given the majority of the ruling Party, President Nicolas Sarkozy's Union for a Popular Movement (UMP), and the firm support from the main opposition party the Socialist. The clear legislation way from both parliament houses made France probably the first eurozone member to legalize its Greek aid plan.

On May 2, the European Commission and the International Monetary Fund (IMF) agreed to provide a package of 110 billion euros in aid for Greece over three years, with 45 billion euros expected in place alone this year.

France has promised to take 20.7 percent of the overall EU aid, which is 80 million euros, and the first French aid of 3.9 billion euros is going to take effect before May 19, the deadline of Greece's nearest debt this year.

According to the official estimation, helping Greece would raise the French public deficit to 152 billion euros in late 2010, but the French government has pledged to rein in its rising deficit.

Prime Minister Francois Fillon announced Thursday that the government is to "freeze" public spending in 2011, 2012 and 2013. The public expenditure will rise no more excluding the debts interest and the pension cost in the next three years, he said.

The parliament of Germany, another big contributor of European aid package, is also expected to pass legislation by Friday to legalize its share to bail out Greece.

Greece was exposed to the financial crisis since last October when its new Socialist government raised the state's 2009 deficit forecast. To date, the Hellenic Republic is facing a huge debt of more than 300 billion euros. (1 euro = 1.26 U.S. dollars)

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 老师你的兔子好软水好多的车视频| 800av在线播放| 无需付费大片在线免费| 亚洲一区电影在线观看| 波多野结衣一级片| 免费人成在线观看视频播放| 老子影院我不卡| 国产乱码精品一区二区三 | 浮力国产第一页| 国产黄A三级三级三级| jjzz亚洲亚洲女人| 恋脚app直播软件| 中文字幕制服丝袜| 日出水了特别黄的视频| 久久图库99图库| 日韩欧美在线视频| 亚洲av无码一区二区乱孑伦as| 欧美性xxxx偷拍| 亚洲日韩久久综合中文字幕 | 国产电影麻豆入口| 做受视频60秒试看| 国产美女a做受大片免费| 99久久精品国产免费| 女人18毛片a级| xxxxx做受大片视频| 少妇无码太爽了不卡视频在线看 | 成年女人午夜毛片免费视频| 久久久久成人片免费观看蜜芽| 日韩大片免费看| 久久香蕉国产线看精品| 最近中文字幕国语免费完整| 亚洲jizzjizz中国少妇中文| 欧美三级视频网站| 亚洲va中文字幕| 欧美xxxx三人交性视频| 亚洲中文字幕精品久久| 欧美乱大交XXXXX潮喷| 亚洲国产一区二区三区在线观看| 欧美性色欧美A在线图片| 亚洲国产成人精品无码区在线秒播| 欧美日本中文字幕|