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Image header Agence Europe
Europe Daily Bulletin No. 10679
ECONOMY - FINANCE - BUSINESS / (ae) euro

Estonia ratifies European Stability Mechanism

Brussels, 31/08/2012 (Agence Europe) - On Thursday 30 August, the Estonian parliament ratified by a comfortable majority (59 for, 34 against, and one abstention) the European Stability Mechanism (ESM) - the future permanent European bailout fund which will replace the current European Financial Stability Facility (EFSF). The entry into force of the ESM hangs more than ever on the decision, expected on Wednesday 12 September, of the German constitutional court of Karlsruhe on the...