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Germany ratifies eurozone bailout fund

28.09.12 @ 09:16

  1. By EUOBSERVER

Germany on Thursday completed ratification of the permanent eurozone bailout fund, the ESM. Ratification had been delayed for several months due to court challenges. Officials from the 17 euro-countries signed a document making it comply with the Germany's constitutional court ruling. The €700bn fund should come into force 8 October.