German parliament approved two euro-crisis fighting tools on June 29th, highlighting Germany’s commitment to resolving the euro zone debt crisis.

Out of the 608 lawmakers present, 491 members voted in favor of a new budget rule, well within the two-thirds of a quorum needed to pass laws in local parliament.

The lawmakers also approved a permanent bailout fund to stabilize the euro known as the European Stability Mechanism (ESM), which will replace the European Financial Stability Fund (EFSF).

The two tools must win two-thirds approval from the Upper House of Parliament to be officially adopted.