Most Popular

1
Now is no time to add pressure on businesses: top executives
2
CJ CheilJedang to spur overseas growth with new Hungary, US plants
3
Seoul to host winter festival from Dec. 13
4
Blackpink's solo journeys: Complementary paths, not competition
5
Nationwide rail disruptions feared as union plans strike from Dec. 5

6
N. Korea, Russia court softer image: From animal diplomacy to tourism
7
Korean Air offers special flights for mileage users
8
[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
9
Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
10
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says

NewsletterSubscribe

Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

Finnish lawmakers OK boosting euro bailout fund

Published : Sept. 28, 2011 - 21:25

- Link copied

HELSINKI (AP)-- The Finnish Parliament has approved expanding the eurozone's bailout fund's powers and increasing Finland's share to (euro) 14 billion ($19 billion).

Lawmakers voted 103-66 in favor of the government motion with 31 absent or abstaining.

Tuesday's approval was expected as the six-party government has a majority in the 200-member Parliament, with 126 seats.

Finland is part of the 17-nation eurozone and its approval is required on bailouts and other help for cash-strapped eurozone members. Under the new law, the bailout fund will be able to buy government bonds and lend money to a country before it is in a full-blown.

Finnish lawmakers OK boosting euro bailout fund

More from Headlines