Germany: Justice Min Sees Court Validating ESM,Fiscal Compact

BERLIN (MNI) – German Justice Minister Sabine
Leutheusser-Schnarrenberger suggested that the national Constitutional
Court would likely validate the ratification of the European bailout
fund ESM and the EU fiscal compact in Germany.

“The Constitutional Court has in the past set principles for
individual bills, but it has not fundamentally objected to aid measures”
for ailing Eurozone member states, Leutheusser-Schnarrenberger told
German daily Passauer Neueste Nachrichten in an interview published
Monday.

The government had taken into account the recent rulings of the
court, the minister said. Moreover, the ESM and fiscal compact bills
were passed in parliament with a two-thirds majority necessary for
changes to the constitution, she reminded

President Joachim Gauck has already announced that he plans to
delay signing the bills. The Constitutional Court had asked him to wait
until it had decided on requests for preliminary injunctions that have
been filed against the two bills, Gauck said.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

[TOPICS: M$X$$$,MGX$$$,M$$CR$,M$G$$$,MT$$$$]

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