German Bundestag must approve future EFSF changes - Bild

Germany’s lower house of parliament must in future approve each payment made by the European Financial Stability Facility (EFSF) or changes to the fund, the German newspaper Bild has reported.

Germany’s lower house of parliament must in future approve each payment made by the European Financial Stability Facility (EFSF) or changes to the fund, the German newspaper Bild has reported.

The report cites an agreement made by the ruling coalition parties. Bild reported that a special committee will be set up to handle fast-track requests made of the EFSF. Every party represented in the Bundestag must have a member on the committee named ...