German Chancellor Angela Merkel’s conservative Christian Democratic Union (CDU) member Wolfgang Bosbach has announced his resignation over Germany’s financial policy of Greece.
Bosbach announced that he resigned from his duty as the chairman of the parliament’s Home Affairs Committee, but he is to continue serving as a member of parliament in Bundestag (German lower house of parliament).
The parliament member Bosbach said "Due to [the government's stance on Greece] I will be giving up my position as chair of the home affairs select committee of the German parliament on September 22nd. From then on I will only be active as a representative of my constituency."
Resignation of Bosbach came right after the Greek parliament decided to apply some regulations in order to meet the demands of the third bailout creditors.
Bosbach said Greece will pay the bailout money fully or on time and added that “I cannot and will not go along this path.”
Meanwhile, the head of Chancellor's Office Peter Altmaier appreciated Greek decision and said via Twitter that “Another important step taken by the Greek Parliament. Not yet a journey but a good departure anyhow.”
Although German government acted in favour of providing an 86-billion-euro budget for the bailout cash to Greece, some of the CDU members including Bosbach criticised the idea of German being one of the creditors to Greek bailout.
Bosbach has served as a parliament member since 1994. He also held the position of CDU’s deputy leader from 2000 until 2009.