German parliament approves expanded EU bailout fund

BBC:  A large majority in the German parliament has approved expanded powers for the EU’s main bailout fund…

Many Germans are against committing more money to prop up struggling eurozone members such as Greece…

All 17 countries that use the euro must ratify the commitment to expand the powers of the EFSF and boost its bailout guarantees to 440bn euros (£383bn)…  (more)

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