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German parliament debates euro rescue fund

German parliament debates euro rescue fund

Finance Minister Wolfgang Schaeuble urged lawmakers to support the latest euro rescue package as Germany's parliament opened debate on the measures.
Schaeuble pledged Germany's support to Greece, but warned that "they have to do their part."
Lawmakers are to vote on Sept. 29 on whether to expand the powers of the (EURO)440 billion ($638 billion) eurozone rescue fund.
The opposition has pledged to support the measure, which should ensure it passes.
The measures have sparked intense debate among Germans, and called into question Chancellor Angela Merkel's handling of the debt crisis that has not ceased to rattle the eurozone for months.
Schaeuble insisted in his address Thursday that continued German support of the common currency was crucial for the nation's future prosperity.


Updated : 2021-07-24 00:44 GMT+08:00