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German Parliament’s Lower House Approves ESM Euro-Bailout Fund

June 29 (Bloomberg) -- Germany’s lower house of parliament approved the euro-area’s permanent bailout fund, the European Stability Mechanism. The measure won a two-thirds majority in the chamber, the Bundestag, with 493 lawmakers voting in favor and 106 voting against.

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To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net

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