Financial Times
October 24, 2011
Angela Merkel, the German chancellor, will take a calculated risk on Wednesday by giving the whole German parliament a vote on the latest eurozone crisis measures, before she returns to Brussels to sign off on the deal.
Members of the Bundestag had demanded the right to scrutinise the package, including measures to “leverage” the €440bn European financial stability facility – the eurozone’s emergency rescue fund – before giving Ms Merkel a green light to agree anything at the second eurozone summit in four days.
Now Ms Merkel’s own party has decided to put the package to the full parliamentary chamber – risking once again a rebellion by a hostile minority in its own ranks – and not simply leave it to be approved behind closed doors by the budget committee, where she has a safe majority.
More
No comments:
Post a Comment