German Parliament Expected to Back Greece Bailout

German Finance Minister Wolfgang Schaeuble urged lawmakers Wednesday to back Greece’s third bailout in five years in light of a marked change in the Greek government’s approach

German Finance Minister Wolfgang Schaeuble addresses the German parliament prior to a vote on another bailout package for Greece, in the German Bundestag in Berlin, Wednesday, Aug. 19, 2015. AP Photo/Markus Schreiber

BERLIN—German Finance Minister Wolfgang Schaeuble urged lawmakers Wednesday to back Greece’s third bailout in five years in light of a marked change in the Greek government’s approach.

Addressing lawmakers ahead of a vote on the bailout, Schaeuble said approval of the three-year 86 billion-euro ($93 billion) package is “in the interest in Greece and the interest of Europe.”

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