Tag: European Stability Mechanism
European Stability Mechanism
Saturday, June 30th 2012 - 05:25 UTC
Relief in EU: German parliament approved Euro rescue fund 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.
Published in:
Economy, Politics, International.
Friday, June 22nd 2012 - 07:39 UTC
Political deal in Germany on the ESM; mini summit in Rome to rescue Spain
The German government and opposition reached on Thursday a deal that will allow parliament to approve the European Stability Mechanism, ESM, next week, but Germany's top court may delay the rescue fund's start date, saying it needed time to study the treaty.
Published in:
Economy, Politics, International.
