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German Vote Bolsters Rescue.
- 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.
- Subjects :
- *FINANCIAL bailouts
*INTERNATIONAL economic assistance
*EUROZONE
Subjects
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