Bloomberg News

German Parliament’s Lower House Backs Enhanced Euro Rescue Fund

September 29, 2011

Sept. 29 (Bloomberg) -- Germany’s lower house of parliament approved the expansion of the European bailout fund, the European Financial Stability Facility, today in Berlin. Lawmakers in the Bundestag voted 523 in favor of the legislation, while 85 voted against; three abstained.

The legislation is set to be debated and set to a non- binding vote in the upper house, or Bundesrat, tomorrow.

To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net


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