Merkel Cancels EFSF Speech to German Parliament

Merkel Cancels EFSF Speech to German Parliament, Lawmakers Say

By Brian Parkin

October 20 (Bloomberg) — German Chancellor Angela Merkel has canceled her planned speech to parliament in Berlin tomorrow because of a deadlock over proposals to leverage the European Financial Stability Facility to give it more firepower, three German lawmakers said.

The lawmakers are Norbert Barthle from Merkel’s Christian Democratic Union and opposition lawmakers Carsten Schneider and Priska Hinz.

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