• 25 OCT 2011
By Valentina Pop | EUobsevrer
BRUSSELS - The German parliament will on Wednesday (26 October) vote on the government's negotiating mandate for the eurozone bail-out fund, just hours before Chancellor Angela Merkel is to attend yet another EU crisis summit in the European capital.
It is the first time the Bundestag will vote on the content of a euro-rescue package before the deal is actually sealed among EU leaders. The new powers follow a key ruling by the German constitutional court last month.
The need for a negotiating mandate approved by the Bundestag was one of the reasons Merkel insisted for another first in EU history: a two-part summit on Sunday and Wednesday.
Initially, the vote was supposed to be held just in the 41-member budget committee, but Merkel's own Christian Democrats in the House demanded a full debate and vote early Wednesday.
The vote will come just ahead of Merkel's departure to Brussels to attend a meeting with all other 26 EU leaders starting at 5pm, followed by a eurozone-only summit likely to end in the early hours of Thursday morning.
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