March 19, 2014
by Theresa Donovan
The Federal Constitutional Court of Germany on Tuesday upheld the constitutionality of the European Stability Mechanism (ESM). This affirms the court's 2012 decision, which rejected a preliminary injunction to halt the implementation of the ESM and the fiscal compact, but which imposed a cap on ...[read more]
November 27, 2012
by Samuel Franklin
The European Court of Justice (ECJ) ruled Tuesday that the euro zone's permanent bailout fund, the European Stability Mechanism (ESM), is in line with European law, following a referral from the Ireland Supreme Court. The referral arose from a claim made by a member of Irish Parliament that the ...[read more]
September 12, 2012
by Maureen Cosgrove
The Federal Constitutional Court of Germany on Wednesday rejected a preliminary injunction to halt the implementation of the the 500 billion euro (USD $632 billion) European Stability Mechanism (ESM) and the fiscal compact, but imposed a cap on Germany's contribution to the fund. The ESM and ...[read more]
July 10, 2012
by Sung Un Kim
German Finance Minister Wolfgang Schaeuble on Tuesday defended the 500 billion euro (USD $632 billion) European Stability Mechanism (ESM) and the fiscal pact before the nation's Constitutional Court. He warned the court not to delay the country's signing of the two fiscal pacts which could lead ...[read more]
July 2, 2012
by Sung Un Kim
The Constitutional Court of Germany on Monday announced that it will hear a claim brought in opposition to the 500 billion euro (USD $632 billion) European Stability Mechanism (ESM) and the fiscal pact. The main opponent of the agreements is the leftist party Die Linke which asked the court to ...[read more]

Support JURIST

We rely on our readers to keep JURIST running

 Donate now!

© Copyright JURIST Legal News and Research Services, Inc., 2013.