MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
By Helen Pidd in Berlin & Agencies, Guardian.co.uk, Sept. 29, 2011
Angela Merkel has successfully corralled her government into voting for the revamped euro bailout fund, asserting her authority as chancellor by pushing through the bill without needing to rely on opposition help.
Of 611 MPs present in a highly-charged sitting at the Bundestag on Thursday morning, 523 voted in favour of expanding the powers of the European Financial Stability Facility (EFSF). Under the plan, the EFSF will be enlarged to €440bn (£382bn). It will also be given the ability to give "precautionary loans" to struggling European countries, buy EU government debt, and provide funding to shore up the capital reserves of European banks.....
Also see (from The Guardian):
Merkel enjoys triumph in bailout vote, but how long will it last? by Helen Pidd in Berlin & David Gow in Brussels.
and
Is the eurozone saved? Not so fast, The new EFSF superhero has some hurdles to clear. By Nils Pratley.
Comments
Next up, Austria:
http://www.guardian.co.uk/business/blog/2011/sep/30/european-debt-crisis...
by artappraiser on Fri, 09/30/2011 - 3:40am