Bloomberg News

Roesler Says FDP Vote on ESM Failed, Bild am Sonntag Reports

December 10, 2011

Dec. 10 (Bloomberg) -- German Economy Minister and Free Democrat leader Philipp Roesler said a plan to include Europe’s permanent rescue fund within his party’s constitution has failed, Bild am Sonntag reported, citing an interview.

Frank Schaeffler, an FDP lawmaker on the parliament finance committee, hasn’t been able to include the European Stability Mechanism because it received 16,000 votes, short of the 21,500 votes from party members needed by Dec. 13, Roesler said, according to the newspaper.

FDP is the junior party in Chancellor Angela Merkel’s coalition government.

--Editor: Jon Menon

To contact the reporter on this story: Ragnhild Kjetland in Frankfurt at rkjetland@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net -0- Dec/10/2011 15:59 GMT


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