BERLIN (MNI) – There will be more than 12,000 legal challenges
launched in the German Constitutional Court against Europe’s permanent
bailout fund ESM and the EU fiscal compact once the bills are approved
by both houses of the German parliament later on Friday, German daily
Sueddeutsche Zeitung reported today.

Among the plaintiffs will be parliamentarians from the
post-communist Left party, as well as the former Justice Minister Herta
Daeubler-Gmelin from the center-left SPD opposition party.

German President Joachim Gauck announced last week that he planned
to delay signing the ESM and fiscal compact bills. The Constitutional
Court had asked him to wait until it had decided on requests for
preliminary injunctions that have been filed against the two bills,
Gauck said.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

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