Merkel risks rebellion on euro rescue fund

Merkel risks rebellion on euro rescue fund

German Chancellor Angela Merkel may fall short of a majority in her own coalition for a crucial reform of the euro zone rescue fund meant to stop a sovereign debt crisis spreading,Moncler women's jackets in what would be a severe blow to her authority, a test vote showed.Tory burch handbags

Talk of proposals to leverage up the 440 billion euro ($598.5 billion) bailout fund to multiply Europe's financial firepower lifted global stocks on Tuesday but made it harder for Merkel to unite her fractious center-right coalition.

The Bundestag (lower house) is sure to approve a widening of the scope of the European Financial Stability Facility to aid weak states and banks, agreed by European leaders in July, since the opposition Social Democrats and Greens say they will vote for the measure on Thursday.

But a revolt by Euro skeptical backbenchers hostile to further bailouts in Merkel's conservatives and their liberal Free Democratic coalition partners may leave her without a majority in her own camp.

In an internal vote on Tuesday, 11 deputies from Merkel's CDU/CSU group voted against the motion and two abstained. Coalition sources said they expected between 2 and 5 FDP lawmakers to vote against and up to 6 to abstain.Cheap moncler jackets

If more than 19 coalition lawmakers vote against or abstain, Merkel will be dependent on opposition votes in a political humiliation that could weaken her ability to push through future rescues.

European shares surged by 4.,Moncler men jackets,3 percent in the biggest one-day percentage gain since May 2010 and safe-haven German bonds fell on reports that policymakers were preparing decisive action to tackle the debt crisis.

Import approval for struggling Tactix won't set preceden

Netball: Import approval for struggling Tactix won't set precedent, netball board says

Netball bosses have emphasised the decision to grant Canterbury Tactix special dispensation to sign a second import is a one-off solution to a unique problem and does not set a precedent.

The ANZ Championship board yesterday approved an application from the Tactix to sign a second ineligible player with English shooter Jo Harten.

With no provision in the rules to do so, the board have agreed to make an exception in recognition of the extraordinary circumstances faced by the Christchurch-based team over the last few months, after the devastating earthquake of February 22.

The damage to the city and ongoing aftershocks have made it difficult for the organisation to lure players from other centres, while some existing players, including defender Charlotte Kight, have turned down contracts.

The Tactix have announced just three signings for next season - Harten,Moncler jackets sale Silver Ferns shooter Anna Thompson and former Pulse defender Bessie Manu.

With the Tactix struggling to put together a competitive roster,digital video recorders ANZ Championship general manager Anthony Everard said the league felt compelled to help out.

"We are satisfied that the Tactix have explored all options in their endeavours to contract players, and recognise that given the unprecedented circumstances they are experiencing, there is a role for the league to play via the provision of this support."

While they empathise with the difficulties the Tactix face, several franchises are said to be uncomfortable with the league making exceptions, saying it creates a precedent.Nfl bears jersreys cheap

However New Zealand Netball Players Association manager Tim Lythe is confident the league's actions have not created any loopholes.

"It was quite an extraordinary event that caused the disruption and I don't think any team can argue they face similar challenges," said Lythe.

New Tactix coach Leigh Gibbs said it was a relief to get the green light to sign a second import. It is believed the Canterbury side have been in talks with three potential imports, but Gibbs denied they had a player lined up.

It is believed English defender Ama Agbeze is the frontrunner for the second spot given her previous experience in the league,Human hair Full lace wigs with young England stars Stacey Francis and Serena Guthrie the other options.