Advertisement
Advertisement

Pope's visit delays crucial euro-vote

Share this article

Pope's visit delays crucial euro-vote
Photo: DPA
08:13 CEST+02:00
Germany's parliamentary vote on Europe's next rescue fund will be delayed until September 29 owing to a visit by Pope Benedict XVI, a leading member of Angela Merkel's ruling party said Tuesday.

The pope is due to address parliament on September 22 and a number of deputies have also asked for time off to follow the pope on his official visit to Germany which will end on September 25, according to Michael Meister, deputy leader of the Christian Democrat parliamentary faction.

Chancellor Merkel's government is expected to agree Wednesday on extending the mandate of the European Financial Stability Facility (EFSF) which will then be submitted to parliament for debate.

It had earlier been expected that a final parliamentary vote would be taken on September 23.

European leaders agreed in July to modify the EFSF by allowing it to buy sovereign debt in public markets and loan money to eurozone governments and commercial banks under certain conditions.

The reforms must be ratified by lawmakers across the 17-nation eurozone, which has raised concern that it could be a lengthy process.

AFP/bk

Share this article

Advertisement
Advertisement

From our sponsors

11 unique lamps that will light up your day

There’s nothing like a little interior design to brighten up a brisk winter day! Here are 11 beautiful - yet affordable - European light fixtures bound to leave you in awe.


Database error:

You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near ')
			ORDER BY
				entries.ENTRY_MODIFIED DESC
			LIMIT
				10' at line 20