ththe chcellor is standing ready to help along with the european union. >> angela merkel is relieved at the outcome. the chancellor says greece had to approve the austere to measures for itself and for europe. >> it is an important step for the future of greece and also for the stability o of the euroa a whole. greece has shown it is willing to put in what will likely be a difficult path. >> at the german bundestag, high-level talks were under way when the news came in. the ceo of deutsche bank and others expressed satisfaction. they have been negotiating the issue of involving commercial banks in rescuing greece and giving athens more time to repay their debts. he indicated he was ready to help. >> i am assuming we will attrit ---- conibute to a solution. we are not doing it gladly, but we are acting to do what needs to be done to avoid a meltdown tomorrow. >> the german government is relieved at the news. though the greek crisis is far from over, the euro zone has won itself some much-needed time. >> investors have been betting on the greek government approval of the us. package. -