A German court has ruled that the Government of Germany may rescue other debt ridden states. The court does require that the Government must seek approval from the Bundestag financecommitee for any future rescue efforts. The decision is not a blank check to Merkel - nor an end to the Euro. Let's see how this works out in the markets...
ENGLISH LINK TO AFP STORY ON SAME.
ENGLISH LINK TO AFP STORY ON SAME.
1 comment:
cowards on the court were afraid to do the right thing cuz it would have sent the markets crashing
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