Germany cabinet approves enhanced EFSF

Published on August 31, 2011 by IFX | NEWS   ·   No Comments German Chancellor Angela Merkel's cabinet has ratified expanded measures to combat the euro-area debt crisis, according to Bloomberg. The above ahead of a September 29th vote in the lower house of parliament (Bundestag) on the approval of an enhanced European Financial Stability Fund (EFSF). The measures, which were agreed on by European...