Germany's Constitutional Court is expected to give its
approval on Wednesday to the euro zone's new bailout fund while insisting on
guarantees to safeguard German parliamentary sovereignty and limit Berlin's
financial exposure, Reuters reports.
Chancellor Angela Merkel remained tactfully quiet as the
court kept policymakers and markets on tenterhooks for months, delaying the
European Stability Mechanism (ESM) and fiscal compact to check that they comply
with German democratic rules.
But Finance Minister Wolfgang Schaeuble blurted out last
week he was "sure" of victory over the 37,000-odd plaintiffs,….
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