Wednesday, October 26, 2011

Full vote in Germany over euro fund

Der Spiegel reported yesterday that
Chancellor Merkel's conservatives have bowed to pressure for a full vote in parliament on Wednesday over controversial plans to boost the euro rescue fund. Broad backing would help Chancellor Angela Merkel in EU talks on rescuing the euro, but it's a risky gambit, given the unknown number of rebels in her ranks.
It will be interesting to see whether the rebellion in Chancellor Merkel's own party will be more significant than that in David Cameron's. And she will have the opposition opposing her and her policies. The article gives a good summary of what is at stake.

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