German's Bundestag Approves Esm Bailout Fund - Speaker
Dow Jones Unofficially Closes up 275.56 Points, or 2.19 Percent, at...
News: 2012-06-29 19:50:00 UTC+00

German's Bundestag Approves Esm Bailout Scheme

  • German parliament lower house approved ESM, shortly after also backing the EU's new budget rules.
  • The Bundestag backed the ESM by 493 votes, with 106 against and 5 abstentions.
  • The upper house is expected to approve both the ESM and the new budget rules later on Friday.
  • The ESM also requires approval by the constitutional court.
Published: 2012-06-29 19:50:00 UTC+00 10 months, 3 weeks, 4 days, 13 hours, 45 min. ago
 
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