NewsWhore
06-30-2012, 05:41 AM
Germany's ESM Role, EU Fiscal Pact Challenged in Court (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_FDysjrgOAYsBPyU11dMpxxkQ2w&url=http://www.bloomberg.com/news/2012-06-30/germany-s-esm-role-eu-fiscal-pact-challenged-in-court.html)
Bloomberg
The court at the time cleared the EFSF because currency union rules didn't allow the assumption of liability for financial decisions by other states, “including direct or indirect communitization of government debt.” Germany's top court has limited ...
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[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_FDysjrgOAYsBPyU11dMpxxkQ2w&url=http://www.bloomberg.com/news/2012-06-30/germany-s-esm-role-eu-fiscal-pact-challenged-in-court.html]More... (http://news.google.com/news/more?ned=us&ncl=dg6toUthdvMOP5M)
Bloomberg
The court at the time cleared the EFSF because currency union rules didn't allow the assumption of liability for financial decisions by other states, “including direct or indirect communitization of government debt.” Germany's top court has limited ...
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[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_FDysjrgOAYsBPyU11dMpxxkQ2w&url=http://www.bloomberg.com/news/2012-06-30/germany-s-esm-role-eu-fiscal-pact-challenged-in-court.html]More... (http://news.google.com/news/more?ned=us&ncl=dg6toUthdvMOP5M)