Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Should men also be 'liberated from oppressive beachwear'?

Read more

EYE ON AFRICA

Kenyan Government disbands National Olympic Committee over mismanagement

Read more

THE DEBATE

France's Burkini Ban: Identity politics go to the beach (part 1)

Read more

THE DEBATE

France's Burkini Ban: Identity politics go to the beach (part 2)

Read more

FOCUS

Chancellor Merkel's immigration policy faces test on her home turf

Read more

FRENCH CONNECTIONS

Understanding the burkini ban

Read more

BUSINESS DAILY

US Treasury lashes out at EU tax probes

Read more

INSIDE THE AMERICAS

Olympic Hangover: festive mood dampened by gloomy economy

Read more

IN THE PAPERS

British professor says 'no shame' in reading romance novels

Read more

Business

German court upholds eurozone rescue fund complaint

Text by News Wires

Latest update : 2012-06-19

Germany's highest court has upheld a Green party complaint that German parliament had not been informed early enough about the details of the eurozone rescue fund, the European Security Mechanism, strengthening national parliamentary rights.

AP - Germany’s highest court has strengthened Parliament’s rights in the European financial crisis, ruling that the government failed to inform lawmakers early enough about details of the eurozone’s planned permanent rescue fund.

The Federal Constitutional Court on Tuesday upheld a complaint by the opposition Green party, which said Parliament was not informed early enough about the details of the European Security Mechanism. Party leaders say they obtained details from their sister party in Austria.

The decision has no bearing on the future of the ESM itself, on which Parliament is expected to vote next week. But the court made clear that in future Parliament must be in a position to have “early and effective influence” on government decisions.

The ruling is the latest of several which have strengthened Parliamentary rights.

Date created : 2012-06-19

  • EUROZONE

    Paris, Berlin pledge backing for Greece in euro

    Read more

  • FRANCE-GERMANY

    Hollande, Merkel in battle of wills on austerity

    Read more

COMMENT(S)