Vulture funds could hold crisis-hit EU nations to ransom | EurActiv


Argentina’s bold move of proposing a UN General Assembly (UNGA) Resolution – and successful mobilization of the whole G77 including China – represents a long overdue political breakthrough.

Finally, a critical mass of governments is willing to act. The resolution was voted on 9 September 2014, and was passed with a large majority: 124 UN member states voted in favour, 41 abstained, and only 11 voted against.

The vast majority of EU countries abstained.

via Vulture funds could hold crisis-hit EU nations to ransom | EurActiv.

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