Tomorrow is the vote in the German Parliament about whether they want to support the July agreement between Merkel and Sarkozi. Are they going to increase the bailout fund to 440 billion euros or not?
The United States wants it to be even larger. They also want the ECB to be ale to leverage banks. But Merkel will be lucky to have enough votes without support from the opposition. Even Wolfgang Schauble, her Finance Minister, says such a deal might jeopardize the credit rating of Germany itself.