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On the motion of the Finance Committee, the first reading of the draft Resolution on ensuring performance of the obligations arising from the European Financial Stability Facility (EFSF) Framework Agreement and amendments thereto (90 OE), submitted by the Government, was concluded. According to the Bill, Estonia commits to guarantee, on the basis of the EFSF Framework Agreement, debt obligations of the EFSF in the amount of up to 1,994,860,000 euro, to which interests on this debt obligation will be added, in order to support the member states of the euro zone that have fallen into extraordinary financial difficulties, with the aim of guaranteeing the general financial stability of the euro zone and protecting its member states against financial crises. The Estonian Centre Party Faction moved to reject this Bill at the first reading. 61 members of the Riigikogu voted against the motion and 21 members voted in favour; thus, the motion was not supported by the Riigikogu.

Due to the end of the working hours of the sitting of the plenary assembly, the first reading of the Bill on Amendments to § 402 of the State Budget Act (95 SE), initiated by the Social Democratic Party Faction, was adjourned. The deliberation will be resumed on Wednesday, 28 September, at the sitting beginning at 2 p.m.
The Riigikogu Press Service