Stig Östlund

torsdag, september 29, 2011

German Parliament Passes Euro Fund Expansion

MERKEL BREATHES SIGH OF RELIEF


Chancellor Angela Merkel got the majority she needed on Thursday as German parliament passed the expansion of the euro backstop fund, the EFSF. With fewer conservative renegades than feared, Merkel can breathe a sigh of relief. But with more difficult decisions approaching, the respite may not last. /DER SPIEGEL

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