World | Germany Germany OK's Eurozone Rescue Deal Lawmakers say yes to $1 trillion bailout By Newser Editors and Wire Services Posted May 21, 2010 9:07 AM CDT Copied German Chancellor Angela Merkel raises her hand after the final parliament debate of an euro750 billion (US $ 1 trillion) eurozone rescue package in Berlin, Friday, May 21, 2010. (AP Photo/Markus Schreiber) The German parliament has approved the country's share of the huge euro-zone rescue package. Europe's biggest economy will contribute between $154 billion and $185 billion in loan guarantees. Without Germany on board, the nearly $1 trillion plan could have failed and kept the euro on its relative freefall. The move is another step in trying to ease the financial turmoil roiling markets around the world. Read These Next The Wall Street Journal is naming more names tied to Epstein. The White House and South Park are having a tiff. Trump isn't talking about a Ghislaine Maxwell pardon. The first video of an earthquake fault slip led to a major discovery. Report an error