Austria Ratifies ESM

Politics ♦ Published: July 2, 2012; 16:15 ♦ (Vindobona)

The government parties SPÖ and ÖVP got support by the oppositional Green Party. The remaining opposition parties criticized the „loss of sovereignty“ massively.

Austria Ratifies ESM / Picture: ©

This week, the Austrian Parliament will decide on the ESM.  Today, the leader of the „Green Party“ Eva Glawischnig announced to support the government parties SPÖ and ÖVP. In Austria, the vote on the „European Stability Mechanism“ requires a two-third majority. With the approval by the Greens, the government parties are able to ratify the ESM.

Last week, the Green…