Tag Archives: Milke Shedlock

Mish/ Mike Shedlock – German Constitutional Court May Take 3 Months To Rule On ESM; Finance Minster Wolfgang Schäuble Warns Of ‘Uncertainty” – 10 July 2012

The “fast track” for constitutional review of the ESM in Germany just got a lot slower. Via Google Translate (further modified by me for clarity), Der Spiegel reports ESM Review Probably Longer Than Planned

Karlsruhe – The Federal Constitutional Court fast track review of the euro rescue ESM and Fiscal Pact may take more time than previously thought. Chief Justice Andrew Voßkuhle announced at the hearing on Tuesday a “constitutionally reasonable inspection” of complaints could extend beyond a normal emergency procedures. This could, according to those involved take up to three months. Continue reading