German Constitutional Court tightens the noose yet further

| September 12, 2012 | 0 Comments

Just as it gave the go-ahead for Maastricht, Lisbon, the Greek rescue, and the EFSF bailout fund with a “Yes, but” with the ‘but’ mattering most in the end — Karlsruhe has now endorsed the European Stability Mechanism (ESM) with strings attached as well. It has done so only under conditions that will greatly complicate […]
Finance

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