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The EU is hoping for a July 9 start date for its permanent €500B rescue fund (the ESM),...
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Sunday, June 3, 2012, 8:08 AM ETThe EU is hoping for a July 9 start date for its permanent €500B rescue fund (the ESM), according to an official. Key will be German parliament, where lawmakers may not vote on approval until early July. Opposition lawmakers - whose support is necessary - have made noises about withholding votes unless Merkel eases up on austerity demands.
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