German Chancellor Merkel achieves her goal of expanding EU Funding

Germany, probably the most crucial member for the expansion of EU funds to bail out struggling neighbors (Greece, Spain, Ireland, Portugal, and Italy), finally voted in favor of advocating the plan.  German chancellor Merkel faced violent oppositions of many Germans, but she was able to procure  a large majority–315 deputies voting for her—which allowed Merkel to avoid the humiliation of asking the opposition party’s help to get the measure passed.  As the leader of Europe’s economy, Germany’s contribution to the plan is expected to drastically increase the quality of the fund.    But would this really make a change? Despite Germany’s decision to nearly double the Euros in support of the struggling neighbors, I think the situation is still not so optimistic. Among 17 nations that use Euros, only 10 nations has agreed to the plan, undermining its efficiency.  Whats more, Germany is as crippled as other countries are, and many critics argue that the first bailout did not improve Greece’s economy, it only made it worse.  

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