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Figures released Wednesday by the European Union’s statistics agency showed that the revision in consumer price inflation from the initial estimate of 0.2 percent was largely due to a sharp drop in energy prices reflecting weakness in the global price of oil.

“(ECB President) Mario Draghi opened the door wide at the September policy meeting to the European Central Bank expanding its QE, should euro zone consumer price inflation dip anew or even fail to pick up significantly over the coming months”, Archer said.

On the New York Mercantile Exchange, platinum futures for October delivery slid 1.8 percent to $992.40, and palladium futures for December delivery dropped 0.8 percent to $577.15 an ounce.

The bailout was in “the interests of Greece and Europe”, Schaeuble told the Bundestag.

According to a statement released by the European Commission (EC) immediately after the meeting, the new billion-dollar loans will be made available over the next three years to Greece by the ESM.

German lawmakers voted in favor of a third Greek bailout on Wednesday despite a record rebellion among Chancellor Angela Merkel’s own conservatives that suggested she would struggle to return to parliament to seek any further aid for Athens.

The plan still needs approval from eurozone parliaments. But it is risky for Greek PM Alexis Tsipras.

Some national parliaments, including Germany, still must approve the deal.

A yes vote from the German parliament is not in doubt, although there have been nagging questions for chancellor Angela Merkel about divisions within her own conservative ranks.

When the Parliament last voted in July on opening new bailout negotiations with the leftist-led government of Prime Minister Alexis Tsipras, 60 of Merkel’s MPs went against her. In a test vote on Tuesday ahead of the debate, 56 members of her bloc voted against the package...

A breakdown showing the number of dissenters within Chancellor Angela Merkel’s Christian Democrat-led bloc was scheduled to be released on Wednesday.

European bailout fund supervisors approved the release Wednesday evening.

The DAX is some 16 percent below a record high of 12,390.75 set in April and at its lowest level since January.

Greece met its Thursday deadline to repay EUR3.4 billion to the European Central Bank, the Frankfurt-based lender confirmed, hours after Athens received a 13-billion-euro payment from its newly approved bailout.

The article referred to the deal as being the “first fire sale under a SYRIZA government” and a “large present to [Angela] Merkel and [Wolfgang] Schaeuble, clearly in return for their services in the formation of the new, deplorable memorandum”.