German court approves eurozone bail-out fund

Salih, Chris
September 2012
Money Marketing (Online Edition);9/12/2012, p14
The article reports that the 500 billion euro European Stability Mechanism has been approved by the German constitutional court after throwing out a last minute attempt to block the eurozone bail-out fund. However, the top court has imposed some condition including German exposure must not exceed 190 billion euro.


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