Friday, July 20, 2012

Emergency Bailout: German Parliament Approves Spanish Bank Aid - Spiegel

Germany's parliament on Thursday approved up to 100 billion euros in aid to Spanish banks, to be paid by the euro backstop fund EFSF. But despite supporting the measure, the opposition in Berlin is losing its patience with German Chancellor Angela Merkel's euro bailout policies. - German Parliament Approves Spanish Bank Aid
Related articles, background features and opinions about this topic.
German Parliament Backs Bailout for Spanish Banks - nytimes

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