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Estonia approves EFSF bill

  • 2011-09-30
  • TBT Staff

TALLINN -- Estonia has approved a major eurozone measure to increase the EU's rescue package to 2 trillion euros.

Estonia's share of the fund would total nearly 2 billion euros. The country's annual budget totals around just 6.5 billion euros.

Estonian parliament approved the bill in a 59-18 vote after adding an amendment stating that parliament will have the final say over how the money is distributed, rather than the Cabinet.