What is the injunction procedure of the German constitutional court exactly about. What are the arguments of the Anti-ESM and the Pro-ESM fractions ?
Extracts from Tradingfloor.com:
Bundesbank president Weidmann seems to strongly against any bailout.
See the German public opinion.
The injunction procedure at the court will takes till September 12. Here the German blog on the court decision (unfortunately Google Translate has some issues). Here the open letter of the leading German economists to stop the ESM and commonly issued bonds and an answer of some other economists in favor of the ESM.Previous post See more for Next post
Tags: Bailout,Constitutional Court,ESM,Eurobonds,Fiscal Compact,franc,Hans Werner Sinn,Karlsruhe,Referendum,Swiss National Bank