An influential member of the European Parliament has questioned the way in which EU leaders and finance minsters rapidly cobbled together a €750 billion eurozone rescue mechanism at the beginning of last month, referring to the process as "highly undemocratic".
The comments, made by centre-right MEP Wolf Klinz on Thursday (3 June), refer in particular to the new balance-of-payments facility for eurozone states that makes up part of the support mechanism.
Under the facility, the E...
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