Tag Archives: German Vote On ESM Fails; Still Not Ratified By Germany

Mish/ Mike Shedlock – German Vote On ESM Fails; Still Not Ratified By Germany, Austria, Belgium, Estonia, Slovakia, Netherlands; Political Football Over Financial Transaction Tax – 14 June 2012

The Wall Street Journal reports European Economics Commissioner Olli Rehn expressed concern Monday that Germany, Austria, Belgium, Estonia, Slovakia, and the Netherlands were dragging their feet in ratifying the ESM.

In the meantime, the Journal reports Spain May Tap EFSF.

The article states “Power broker Germany has yet to complete the process but is expected to do so soon.” Continue reading