German Court Rules In Favor Of EU Bailout Fund | WAMU 88.5 - American University Radio
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German Court Rules In Favor Of EU Bailout Fund

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Germany's high court on Wednesday rejected calls to block Europe's permanent bailout fund. The Netherlands is also having elections, and unhappiness over the bailout is likely to be a factor in the results. Also, the European Commission released its plan for a banking union. It's quite a big undertaking to try to bring all of Europe's financial institutions under a single regulatory umbrella.
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