Eurozone Live Blog
German government reaches deal with opposition on economic growth measures for Europe
Last modified: 21 Jun 2012 14:31
The German government reached a deal with the opposition on Thursday on economic growth measures for Europe that will allow parliament to approve the eurozone's
permanent bailout scheme and a pact on budget discipline next week.
The parliamentary leader of Chancellor Angela Merkel's conservatives, Volker Kauder, said eight weeks of tough talks had produced a deal, which was "a good sign for Europe". But he
reiterated Berlin's stance that there would be no mutualisation of European debt.
"We all want to stabilise the euro," said Kauder, hailing German politicians for putting aside their own party interests.
[Reuters]
