Implicit Liabilities of EFSF - German Parliamentarians ONLY NOW LEARN - May Be 5 Times as Big

Geithner Plan for Europe is last chance to avoid global catastrophe - Telegraph

Or at least, that is the idea. We will see how the Bundestag reacts this week. It has not even voted on the July deal to boost the powers of the EFSF, itself a furiously contested plan that may provoke a 30-strong rebellion within Chancellor Angela Merkel's own coalition. German lawmakers now learn that implicit liabilities may be five times as big

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