“If Greece fails to negotiate a fair compromise, Greece will face dark times” says European Parliament President Martin Schulz in an exclusive interview with Deutsche Welle on bailout negotiations with Greece.
Leaders in Brussels hailed the deal on a new German coalition government as good news for Europe. Martin Schulz, formerly president of the European Parliament, said Berlin would "return to an active and leading" EU role.
Greece's parliament has voted to approve a package of reforms demanded by the country's international lenders in return for fresh bailout funds. But many Greeks turned out to protest against the measures.
SPD leader Martin Schulz has called for Germany to use its budget surplus for domestic and EU-wide investment. The pitch is an attempt to revive the SPD's chances against Chancellor Merkel in September's election.
The European Parliament's chief has backed a German proposal to harmonize asylum benefits across the bloc. Germany's interior minister argues that generous asylum conditions have a "pull effect" drawing asylum-seekers.
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