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Estonia approves EU bailout fund

31.08.12 @ 09:24

  1. By EUOBSERVER

Estonia on Thursday approved the EU permanent bailout fund, the European Stability Mechanism (ESM), reports the AFP. 59 Estonian lawmakers, mostly from conservative camp, voted to approve the fund while 34 voted against. The €500 billion fund is scheduled to replace the temporary European Financial Stability Facility (EFSF).

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