June 30, 2012

Merkel Secures Vote for Euro Treaties

Parliament Approves ESM and Fiscal Pact

As expected, more than two-thirds of the lawmakers in Germany's parliament moved on Friday to approve the permanent euro rescue fund, the European Stability Mechanism, and a fiscal pact long championed by Chancellor Angela Merkel. However, the treaties still face a review by the country's highest court before they can be ratified.

It's been a rough few years and a particularly long and stressful day for Angela Merkel. Read more.


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