German court paves way for ESM ruling tomorrow

Germany’s top constitutional court rejected a last-minute bid to delay a case over the ESM, clearing the way for a ruling on the €500 billion bailout plan tomorrow.

11th September, 2012

Germany’s top constitutional court rejected a last-minute bid to delay a case over the European Stability Mechanism, clearing the way for a ruling on the €500 billion bailout plan tomorrow.

The Federal Constitutional Court in Karlsruhe said today it would issue its ruling on the ESM as scheduled at 10am tomorrow, without further comment on the bid to delay the case by lawmaker Peter Gauweiler. He argued the court should delay the ruling...

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