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German protesters at a demonstration against the fiscal pact in front of the Rechistag in June AP Photo/Markus Schreiber

German court set to rule on whether Germany can sign the ESM into law

The court will rule tomorrow morning whether the president can sign the ESM into law or not.

GERMANY’S CONSTITUTIONAL COURT has said that a last-minute legal challenge by a leading eurosceptic politician would not delay its hotly awaited verdict on key euro crisis tools.

“The date fixed for the ruling” on the ESM rescue fund and EU fiscal pact on Wednesday “will go ahead as planned,” the court said in a statement.

That means that at 9am Irish time on Wednesday, the eight scarlet-robed judges of the Verfassungsgericht will decide whether German President Joachim Gauck can sign into law the European Stability Mechanism (ESM) and the European fiscal pact.

The German parliament already voted in favour of both with a two-thirds majority at the end of June.

But Gauck held off from completing the ratification process in the face of legal challenges filed by the far-left Die Linke party, a citizens’ initiative group called “More Democracy” and a well-known eurosceptic from Chancellor Angela Merkel’s CSU Bavarian sister party, Peter Gauweiler.

In an attempt to delay Wednesday’s ruling, Gauweiler filed a new complaint at the weekend, arguing that the European Central Bank’s decision to launch a new bond-buying programme had moved the goalposts and that the court must now first decide whether the bond purchase programme is legal before it can rule on the constitutionality of the ESM rescue fund.

The Constitutional Court held an emergency session on Monday to decide whether to delay its planned ruling on Wednesday in face of Gauweiler’s latest challenge.

Gauweiler and the other groups argue that the ESM – the EU’s permanent €500 billion eurorescue fund – and the fiscal pact are incompatible with Germany’s “Grundgesetz” or Basic Law because they are effectively forcing Germany to surrender its budgetary sovereignty without the necessary democratic backing.

By committing Europe’s biggest economy – and already its effective paymaster – to the ESM, parliament was essentially exposing Germany’s public finances to unlimited risks should one eurozone country after another topple under the debt crisis, they argue, charging that this meant German voters’ basic democratic rights were being infringed upon.

When asked yesterday what it would do if the ESM were overturned, a spokesperson for the IMF said: “We’ll come to that hurdle when we reach it”.

- © AFP, 2012

Read: Germany to seek new EU treaty on budget rules – report >

Read: ECB’s bond-buying is not a breach of its rules – Merkel >

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    Mute Gareth Cooney
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    Dec 30th 2017, 9:26 AM

    We deserve a massive reduction in our tv license for wasted money spent on producing shows such as Dancing with the stars and Ireland’s got talent. I know there’s an off button on my TV but these shows should only be visible on RTE Player and not mainstream.

    I’d rather watch Christy Duignam tell his life story on the late late for the 10th time than to watch a bunch of overpaid RTE presenters & z listers buck leaping round a studio.

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    Mute Pat Doran
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    Dec 30th 2017, 10:17 AM

    @Gareth Cooney: Ireland’s Got Talent is set for TV3 so no license fee money going there. It’ll last 2 seasons, at best, anyway.

    31
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    Mute DaisyChainsaw
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    Dec 30th 2017, 1:26 PM

    @Pat Doran: IGT will be another Tops of the Parish show. Easily avoidable.

    10
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    Mute An Observer
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    Dec 30th 2017, 9:01 AM

    BREAKING NEWS: I won’t be talking about any of these shows!

    128
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    Mute Ted Murray
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    Dec 30th 2017, 10:08 AM

    @An Observer: ___ Not even to say “I don’t watch that crap?”

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    Mute gold3n
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    Dec 30th 2017, 9:14 AM

    Jason Byrne is shockingly bad at every thing he dose….

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    Mute Tweety McTweeter
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    Dec 30th 2017, 10:09 AM

    @gold3n:

    Some say he can’t even spell simple 4 letter words

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    Mute JJ
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    Dec 30th 2017, 11:34 AM

    @Tweety McTweeter: You’re missing an ‘a’ there

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    Mute Ruairi O Neill
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    Dec 30th 2017, 12:59 PM

    @gold3n: he is a bit of a dose.

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    Mute Eyepopper
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    Dec 30th 2017, 1:04 PM

    @gold3n: but he does it LOUDLY, so its hilarious

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    Mute Damian O'Brien
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    Dec 30th 2017, 11:31 AM

    Hold on a second. You’ve included Dancing With The Stars and Ireland’s Got Talent in your list of programmes included in the golden age of television? Surely you jest?

    They may well be talked about, but purely in a derogatory fashion.

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    Mute EC P Ford
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    Dec 30th 2017, 9:37 AM

    New comedy on RTÉ DANCING WITH THE STARS

    38
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    Mute Paul Furey
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    Dec 30th 2017, 9:46 AM

    @EC P Ford: It should be called “Dancing”

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    Mute Ted Murray
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    Dec 30th 2017, 10:35 AM

    @Paul Furey: ___ It should be “Desperate Z Listers falling about because they’ve got nothing better to do.”

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    Mute DaisyChainsaw
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    Dec 30th 2017, 1:28 PM

    @EC P Ford: Dancing With The Stars’ Non Famous Siblings.

    6
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    Mute Dalya Al-Tulaihi
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    Dec 30th 2017, 8:48 AM

    Great, more shows I can watch online. I don’t know about you people, but TV is just not for me.

    37
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    Mute Hardly Normal
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    Dec 30th 2017, 9:05 AM

    @Dalya Al-Tulaihi: I was only saying the other day how much you’d miss the mundane show games or chat show repeats. Now everything you watch has to be just as exciting and as mysterious as the last show and you’re not going to be happy till you find something which could take ages. There’s very little you can throw on for the sake of it, You end up spending more time clicking and swiping which leads to more time spent in front of the screen. You have to pause it instead of waiting for the adds while you run to the jax or to make a cup of tea disturbing everyone’s viewing ,that’s if you’re lucky enough everyone’s not on their own screen. Online viewing is great all right and instant but sometimes you’d miss the traditional viewing.

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    Mute Dalya Al-Tulaihi
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    Dec 30th 2017, 3:46 PM

    @Hardly Normal: oh I totally agree!! But since no one in the house is bothered with the tv anyway it’s hard for me to bring that tradition back all by myself you know!? It’s great when the family is gathered and all are watching the same show, but the older you grow the more distant you become from family because everyone start to have their own taste in shows, movies, etc.

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    Mute Eugene Tyson
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    Dec 30th 2017, 9:05 AM

    I was reading the article skeptically, however, there is a lot of good shite in there.

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    Mute Garrett Colreavy
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    Dec 30th 2017, 9:42 AM

    What about doctor who

    12
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    Mute Paul Coughlan
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    Dec 30th 2017, 9:57 AM

    Looking into the future like former Taoiseach Brian Cowen. Must watch TV my arse.

    11
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    Mute Minom Pnnomm
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    Dec 30th 2017, 11:07 AM

    @Paul Coughlan: biffo can read the future through interpreting his Guinness shytes.

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    Mute JJ
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    Dec 30th 2017, 8:49 AM

    Load of shite

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    Mute bings
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    Dec 30th 2017, 9:10 AM

    @JJ: What a waste of 160. for a license

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    Mute Elaynehb
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    Dec 30th 2017, 12:07 PM

    They missed a trick in not getting Kim Kardashian to play donatella Versace as she is morphing into her recently

    6
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    Mute john g mcgrath
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    Dec 30th 2017, 11:24 AM

    Bring back the Riordans I say !!!

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    Mute Pseud O'Nym
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    Dec 30th 2017, 9:19 AM

    What did you use to ‘bait’ your breath? Maggots? Worms?

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    Mute WynnnerZ
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    Dec 30th 2017, 4:35 PM

    Just waiting for the next episode of Designated survivor, that is all, last episode broke me

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    Mute Darach Malone
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    Dec 30th 2017, 5:19 PM

    Black Mirror dropped on Netflix this morning.

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    Mute Robin Basstard
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    Dec 30th 2017, 10:00 AM

    What I want to know is…when will the RTE bring back Celebrity Pigs ‘n’ Heels?… sorry meant…Celebrity Jigs ‘n’ Reels…

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    Mute Eugene Carton
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    Dec 30th 2017, 5:35 PM

    How about Wheeler Dealers ?

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    Mute Lelia Brandon O'Reilly
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    Dec 30th 2017, 2:34 PM

    I never watched the English Dancing with the stars so I don’t know why I decided to watch the Irish one, however, I thoroughly enjoyed it.

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    Mute Curly Pat
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    Dec 31st 2017, 8:29 AM

    Another reason not to pay tv licence

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    Mute Martin Laird
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    Dec 30th 2017, 4:38 PM

    RTE CRAP!!!!!!!!! NOT ONE ORIGINAL PROGRAM THAT WORTH LOOKING AT
    BOYCOTT TV LICENCE

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    Mute Caroline Burgess
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    Dec 30th 2017, 6:33 PM

    I wont be talking about them. Same crap on RTE. Just a different year.

    1
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