German government wants fiscal pact approved by summer


BERLIN (Reuters) - The German government dug in its heels on Wednesday over the timing of a parliamentary vote on a new fiscal discipline pact for Europe, saying it wanted the legislation approved by the summer despite rising calls from opposition parties for a delay.

The pact, which aims to enshrine German-style fiscal rules across 25 EU countries, requires a two-thirds majority in parliament to pass, meaning Chancellor Angela Merkel is dependent on the opposition.

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