ALERT: Top German court allows ESM ratification ** *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

Top German court allows ESM ratification (by William L. Watts)

FRANKFURT (MarketWatch) -- Germany's Federal Constitutional Court on Wednesday rejected calls to block the ratification of Europe's 500 billion euro ($643.7 billion) permanent rescue fund, the European Stability Mechanism, and the fiscal pact. As expected, the judges attached various conditions to the ESM, saying a total cap on Germany's liabilities under the ESM must be capped for the measure to conform with the country's Basic Law, or constitution.

Messages In This Thread

ALERT: Top German court allows ESM ratification ** *PIC*

Re: ALERT: Top German court allows ESM ratificatio

Forum Policy

Return to Index Read Responses