Het Duits Constitutioneel Hof in Karlsruhe heeft tegen de rechtzaken uitgesproken zoals verwacht. De markt reageert opgelucht op de berichten. UPDATE:
- Krappe meerheid
- Parlement moet inspraak hebben bij beslissingen die leiden tot lasten voor de Duitse begroting
- Overheid moeten goedkeuring krijgen van de parlementaire budgettaire commissie voor de toekenning van eventuele steun
Via Bloomberg:
Three constitutional challenges to Germany’s participation in the euro rescue funds were rejected by the nation’s top court today. The Federal Constitutional Court in Karlsruhe threw out suits targeting Germany’s share of the 110 billion-euros ($155 billion) in loans for Greece from euro-region governments and the International Monetary Fund as well a separate 750 billion- euro rescue fund approved last year to halt the spread of Greece’s debt crisis. The court said that the ruling shouldn’t be seen as “blanket” approval for future rescue participation and the government must seek approval from the Parliament’s budget committee for new guarantees it assumes under the European Financial Stability Facility. Plaintiffs in the suit included law professor Karl Schachtschneider, economists Joachim Starbatty, Wilhelm Hankel and Wilhelm Noelling, former Thyssen AG Chief Executive Officer Dieter Spethmann and Peter Gauweiler, a lawmaker from the Bavarian sister party of Chancellor Angela Merkel’s Christian Democrats. They argued German participation in the packages undermines the budgetary rights of parliament and violates the right to democratic representation as well as the protection of property.
