Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,294.50 -12.67 -0.08%
S&P 500 1,650.51 -4.84 -0.29%
Nasdaq 3,459.42 -3.88 -0.11%
Ticker Volume Price Price Delta
STOXX 50 2,776.78 -58.23 -2.05%
FTSE 100 6,696.79 -143.48 -2.10%
DAX 8,351.98 -178.91 -2.10%
Ticker Volume Price Price Delta
Nikkei 14,484.00 -1,143.28 -7.32%
Hang Seng 22,669.70 -591.40 -2.54%
S&P/ASX 200 5,062.45 -102.92 -1.99%

Merkel’s FDP Ally Votes to Uphold Euro Bailouts, Roesler Says

Chancellor Angela Merkel’s Free Democratic Party coalition partner will continue to support the government’s line on euro-area rescues during the debt crisis, after a party vote organized by bailout skeptics was defeated.

The internal ballot that tried to rally opposition to the future permanent rescue fund, the European Stability Mechanism, failed to muster the majority needed to change party policy, FDP leader Philipp Roesler said in Berlin today.

The result “once more confirms the party line,” Roesler told reporters. The FDP “remains a pro-European party.”

To contact the reporters on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link