German lower house of parliament decided to boost the firepower of the eurozone rescue package, or the European Financial Stability Facility (EFSF), in a vote on Wednesday. The winning in the parliamentary vote gave Chancellor Angela Merkel a strong backing and mandate to negotiate in a crucial European Union summit in Brussels later this day. All eyes are now on whether the EU leaders can finally hammer out a comprehensive and convincing reaction plan to the escalating debt crisis during the summit, the second one in just four days.
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EU's Moscovici slams Ireland, Netherlands as tax 'black holes'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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