More and more people are signing up to a constitutional complaint against the euro bailout. But what verdict will Germany’s highest court reach?
The response is huge – on the website of “Mehr Demokratie” (“More Democracy”), an association dealing with questions of European integration and democratization in the EU, visitor numbers are shooting through the roof. At the end of June, around 12,000 people had signed up. Two weeks later, nearly 30,000 people had put their name to a constitutional complaint against the EU’s permanent bailout fund ESM and the fiscal pact. The merits of the lawsuit must now be decided by Germany’s highest court, the Constitutional Court, in Karlsruhe.
“We are not the first, and – not yet – the most successful. The complaint against data retention [by the German government] had 35,000 signatories. But we want to beat that,” Mehr Demokratie spokesman Michael Efler said.
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Afternoon Updates:
12:02 pm EDT, July 16th, 2012 — Eurozone rescue without growth means Finland could be first to leave
12:03 pm EDT, July 16th, 2012 — Fed fiddles as America slides back into recession
12:04 pm EDT, July 16th, 2012 — Trade row flares over China’s rare earths
12:05 pm EDT, July 16th, 2012 – Race to turn up 11.6 bln euros
12:06 pm EDT, July 16th, 2012 — China’s “Heart Attack” In June: Beijing Overstated Q2 Growth
12:07 pm EDT, July 16th, 2012 — ECB Makes Crucial Policy Change on Bank Bailouts
12:08 pm EDT, July 16th, 2012 — Court to Rule on Euro Measures on Sept. 12
12:09 pm EDT, July 16th, 2012 — Merkel Gives No Ground On Demands For Oversight In Crisis
12:10 pm EDT, July 16th, 2012 — Germany: Fierce controversy over banking union
