German FDP lawmaker raises doubts on Greek aid plan

BERLIN, May 5 (BestGrowthStock) – There are still worries that an
international aid package for Greece may not work and that other
European countries could seek financial support, a senior member
of Germany’s ruling Free Democrats (FDP) said on Wednesday.

In an interview with Deutschlandfunk radio, FDP finance
expert Hermann Otto Solms was asked whether he would support a
German aid bill for Greece when it was put to a vote in the
country’s Bundestag lower house of parliament.

“That depends on the conditions, which are not yet set in
stone,” Solms told the station, adding that the European Union
needed to ensure that rules guarding against budgetary
infringements in the bloc were tightened.

“The principal worry is that if this round (of aid) does not
work, we’ll have the next round of financing, be it for Greece,
be it for another European country. And this can under no
circumstances happen,” Solms added.

The pro-business FDP are junior coalition partners to
Chancellor Angela Merkel’s conservatives.

Investment Research

(Reporting by Dave Graham)

German FDP lawmaker raises doubts on Greek aid plan