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The German parliament on Monday is set to vote on the €130bn bail-out (Photo: Queenofhearts820)

Greek bail-out threatened by Germany-IMF stand-off

Greece's second bail-out still faces hurdles as Germany and the International Monetary Fund (IMF) wait to see who moves first on financial commitments related to the deal.

The German parliament on Monday (27 February) is set to vote on the €130 billion bail-out, but lawmakers are linking their green light not only to laws passed in Greece to implement budget cuts and to a successful bond swap with private investors, but also to the IMF committing a clear sum to the programme.

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The German parliament on Monday is set to vote on the €130bn bail-out (Photo: Queenofhearts820)

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