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pandora's box

Eu Finance Ministers Back Bigger Bailout Fund

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European finance ministers have increased their support for a bigger rescue fund for debt-laden eurozone countries, but EU paymaster Germany said there was no rush and it could be March before a package of wider changes would be approved.

Telegraph link

In March wont the German Constitional court have ruled the bailouts as unconstitutional? I guess that Merkel will be hoping so, best to have your hands tied when others are negotiating with you to get your money.

I guess that the majority of finance heads that agreed this are the ones wanting money? German negotiatiors were clearly too polite to tell them the truth, or felt it would serve no purpose to give an answer to those that do not understand.

Edited by leicestersq

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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