The Slovak parliament has voted to approve expanded powers for the European Union’s bailout fund in a repeat vote, according to reports.
The vote to approve the expanded powers plan follows an earlier failed attempt “which toppled the central European country's center-right cabinet and rattled financial markets on Tuesday,” Reuters said.
The vote completes the approval process for the fund.
Dubbed the European Financial Stability Facility (EFSF), the fund is financed by members of the euro zone to deal with the ongoing European sovereign debt crisis.
0 коммент.:
Post a Comment