Mediafax (Mediafax)
Markets  |  June 23, 2012 18:03:46

The upper house of German parliament wants billions of euros to 16 provinces in exchange for approval of the ESM


BERLIN (MEDIAFAX) - The upper house of German Parliament calls for the promise of financial relief worth several billion euros for the 16 German federal states before Chancellor Merkel will help approved by the European Stability Mechanism (ESM). On Saturday, about Reuters.

Bavarian Prime Minister Horst Seehofer, who also holds the rotating presidency of the German upper house of Parliament, said that he fully supports the ESM, but they remain stubborn colleagues in Berlin, it could mean a real threat to the entire approval process for ESM in Germany.

Both chambers of the German Parliament will vote on adoption of the European stabilization mechanism on Friday. He has come into force on 1 July, which aims to help weak eurozone countries to cope with the continuing debt crisis.

ESM has already approved such members of Slovak National Council on Friday, a large majority. For permanent euroval as the Slovak Republic ESM says almost four fifths vote of Members.

On Thursday, ESM was approved in Finland, the Finnish parliament 200členném voted for the ratification of the 104 legislators, 71 were against.

German Chancellor Angela Merkel deliberately ESM requires two-thirds majority in both houses of Parliament. The opposition Socialists (SPD) and Greens have said that her vote in support. But Seehofer, who is also leader of the Christian Social Union (CSU), a sister party, Merkel's Christian Democrats (CDU) said that the federal states and communities need to increase the security of federal subsidies to the individual German states, especially the construction of barrier-free access for the disabled and repair of infrastructure.

Jan Soukup, soukupj@mediafax.cz

Was this article: 10 | 8 | 6 | 4 | 2 | 0




Horní komora německého parlamentu chce miliardy eur pro 16 spolkových zemí výměnou za schválení ESM

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688