Planet pluto as it has never been seen before. European central bank has thrown a financial lifeline to greece. It has agreed to raise the cap on emergency funding by greek banks by 900 million euros. It is also on track to receive a 7 billion euro loan to keep it afloat until a third bailout comes into effect. Thanks have changed now. We had a series of news with the approval of the bridge financing package, with the votes, the various votes in various parliaments to begin with in the Greek Parliament which have now restored the conditions for a raise in ela. Lets go to simon mcgregorwood who is live for us in athens. Are hopes high now in greece that the banks will be able to reopen soon . Thats right. It was very much the news that mr. Tsipras and his colleagues were looking for, pushing for these extremely contentious laws last night, and suffering politically as a result of course, with almost 40 members of his own party failing to support that move. Thats another issue, but this
A controversial security law that will remove restrictions on the military. And picture perfect, the planet pluto as it has never been seen before. We begin with latest developments on the greek debt crisis. Euro zone finance ministers have given them the green light for former talks on a boilout to begin. And they have agreed to give greece a shortterm loan so it can pay its bills. Greek banks are also being given a lifeline. The ecb raising emergency funding for banks by 978 million. Now things have changed now. We had a series of news with the approval of the bridge financing package, with the vote, the various votes, in various parliaments to begin with in the Greek Parliament which have now restored the conditions for a raise in the ela. Lets go to simon mcgregorwood live for us in at thens. He was talking about raising ela, thats the emergency liquidity assistance. How does that help greece . Reporter well, it gives the greek banks a little bit more cash basically, to continue op
Allows japans military to fight overseas. Hello. Greece has gained some financial breathing space while the terms of its new bailout are finally settled. Euro zone finance ministers have approved 7 billion euros in bridging finance which all countries are expected to contribute too. The European Central bank is pumping an extra 900 Million Euros into the countrys banks which have been closed for more than two weeks. Politicians will decide on friday whether to approve greeces 86 billion bailout deal. Com mix kaine reports from berlin. Reporter manifest and his colleagues discuss their berlin removal business. Their firm prides its a on being able to help clients in germany and elsewhere in europe but Corporate Tax rates in germany are among the highest in the e. U. Which means keeping the finances in order can be a struggle. Manfred says the thought of his firms money being used for another greek bailout is maddening. Translator i always imagined it in practical terms. If i lend money
Shot down overrebel territory. Plus musicians spread of message of peace and burundi prepares for president ial elections. In yemen, the exiled government has declared the port city of aden has liberated from Houthi Rebels. President hadi says the province is now under control of fighters loyal to his government. But as Natasha Ghoneim reports there is still fighting in some areas. Reporter there were smiles for the camera and cheers all around and fighters in aden continue to soak in what is hoped to be a gamechanging victory. These fighters have fight for almost 4 months to drive out the Houthi Rebels in aden. Fighting with the houthis continues on the outskirts. Translator there are [ inaudible ]. We will definitely by the help of god clear up this area in the next few days and feel victory. Reporter president hadi says aden will be the first in a series of victories. But the houthis still control the capitol of sanaa. They have prove tone be a resilient foe despite months of air st
Says the city of aden is now under its control. And Memorial Services are held to remember the victims of flight mh 17 shot down in ukraine a year ago. Germany mps have backed a new bailout for greece. Chancellor Angela Merkel said it was the last chance to solve the crisis. She told parliament it would be irresponsible to refuse to help greece. Our correspondent dominic kane live for us in berlin how did the vote go . Reporter on the face of it this was a resounding majority i would seem for the government proposal 439 in favor, 119 against, and 40 abstentions. But when you analyze the figures, its not quite such a clear picture, because of the no votes, 60 came from the conservative side of the grand coalition. Thats around 20 of Angela Merkels parliamentary supporters openly defying her and voting against the proposal and 69 all together including abstentions and votes from the junior partners in the coalition failing to vote in favor. In that gives you a sense of how the government