German politicians back bailout fund boost

The German parliament has given wide backing to plans to increase the firepower of the Eurozone’s bailout fund.

Wed, 26 Oct, 2011 - 15:21

The German parliament has given wide backing to plans to increase the firepower of the Eurozone’s bailout fund.

Lawmakers voted 503-89 with four abstentions in favour of leveraging the €440bn rescue fund to make it more effective.

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