Germany

German Chancellor Angela Merkel receives more support than expected in bailout bill.

Germany parliament passes another bill to help out the European bailout fund. The vote was passed with a major majority. This was a point of stress for Chancellor Merkel. Many people were unsure if she could get a majority of her party to vote for the increase.

The vote shows that Germany is dedicated to helping other nations by giving money to support their economies. It also shows unity in Germany. Out of 620 seats in their parliament only 85 voted against and 3 abstained from the vote. The vote shows that most of Germany’s parliament members agree with their chancellor at least on the subject of European bailouts. This is great news for countries like Greece who if their economies crash Germany can act quickly to help out the situation.

Liberal

http://www.dw-world.de/dw/article/0,,15425407,00.html

http://www.bbc.co.uk/news/world-europe-15107538

September 29, 2011 at 13:50 pm