The German parliament has voted in support of negotiations on Greece’s €86bn (£60bn) bailout deal.

The motion passed 439 to 119 with 40 abstentions, despite 40 of Chancellor Angela Merkel’s conservative MPs voting against the deal.

The Bundestag vote comes after Greek MPs voted in favour of the deal and the tough austerity measures it imposes.

While eurozone leaders believe that the deal offers Greece a path out of its current financial crisis, the deal is less popular with the taxpayers of European nations that will be footing the bill.

A poll earlier today showed that 49% of Germans did not want to enter talks over the Greek deal.

On Thursday, eurozone ministers have agreed a €7bn bridging loan from the EU-wide European Financial Stabilisation Mechanism (EFSM) emergency fund to keep the Greek economy afloat.

The European Central Bank (ECB) also increased the level of emergency funds available to Greek banks, making it possible for them to open on Monday for the first time in three weeks. Credit controls limiting Greeks to withdrawing €60 a day will be eased gradually.