FRANKFURT (MNI) – Germany’s Constitutional Court sees no reason to
delay its planned September 12 ruling on the ESM rescue fund and EU
fiscal pact, despite a new lawsuit filed with the court seeking a delay,
a spokeswoman for the court in Karlsruhe confirmed to MNI Tuesday.
A group led by German Professor Markus Kerber has filed a lawsuit
claiming the Constitutional Court must delay its ruling because of a
similar case filed before the European Court of Justice in Luxembourg.
But the German court argues its decision on September 12 involves
only a ruling on a temporary injunction sought against the ESM and
fiscal pact, not a final ruling on the two European mechanisms. A final
ruling would have to take the European Court of Justice case into
account.
“We have received the injunction sought by Professor Kerber,” the
court’s spokeswoman said. “We do not consider it appropriate to delay
the date from the 12 (September), so in all likelihood it will stay.”
— Frankfurt bureau: +49 69 720 142; email: ccermak@mni-news.com —
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