Leave my money out of Your War!
German parliament votes for European fiscal pact
By Christoph Dreier
2 July 2012
The German Bundestag (parliament) voted Friday by a two-thirds majority (491 to 111) to back the European fiscal pact. Even more deputies (493) voted separately to sanction German participation in a new bailout fund, the European Stability Mechanism (ESM).
The fiscal pact, which dictates sweeping measures to slash budget deficits and debt levels throughout the European Union, and the ESM are central elements of a coordinated attack on the European working class.
The coalition government, consisting of the Christian Democratic Union (CDU), the Christian Social Union (CSU) and the Free Democratic Party (FDP), was supported in the vote by a majority of both the Social Democratic Party (SPD) and the Greens. There were few dissenters within the government coalition. The only parliamentary group that voted against the measures was the Left Party.” http://www.wsws.org/articles/2012/jul2012/germ-j02.shtml
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to be continued: ##