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.

German politicians back bailout fund boost
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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