German Parliament Yields On Greek Debt Vote

05:09

July 17, 2015

A picture taken on February 23, 2015 shows a German and a Greek flag against a backdrop of a European Union flag in the northern French city of Lille. (PHILIPPE HUGUEN/AFP/Getty Images)

The German parliament has voted in favor of continuing talks on the Greek bailout deal. Germany is one of Greece's largest creditors and the country has taken the hardest line against further bailouts.

But Chancellor Angela Merkel told parliament that this week's deal has more advantages than allowing Greece to exit the eurozone. Michael Regan of Bloomberg News joins Here & Now's Jeremy Hobson with details on the latest loan and where the money is going.

Guest

Michael Regan, editor-at-large for Bloomberg News. He tweets @Reganonymous.

This segment aired on July 17, 2015.