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German Vote Bolsters Rescue.

Authors :
Boston, William
Walker, Marcus
Lane, Mary M.
Radowitz, Bernd
Source :
Wall Street Journal - Eastern Edition. 9/30/2011, Vol. 258 Issue 77, pA1-A11. 2p.
Publication Year :
2011

Abstract

The article reports that the German parliament approved a measure that would increase the size of the European Financial Stability Facility (EFSF) from 250 billion euros to 440 billion. German chancellor Angela Merkel supported the bill, which drew opposition from within her own party. The EFSF serves as a bailout fund for struggling euro-area nations, and the legislation to increase its size must be approved by all euro-area members before taking effect.

Details

Language :
English
ISSN :
00999660
Volume :
258
Issue :
77
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
66139219