German Constitutional Court ratifies ESM bailout. But that won’t save the euro

| September 13, 2012 | 0 Comments

The German Constitutional Court has ratified the eurozone bailout package. The bill will now be signed into law. At issue was the legal matter of whether the permanent bailout fund which the eurozone nations had established (the European Stability Mechanism) was in keeping with the German constitution. The ESM is a scheme which allows joint […]
Finance

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