ESM to Pass High Court Test, Schaeuble Tells Bild am Sonntag

German Finance Minister Wolfgang Schaeuble sees Germany’s highest court dismissing a challenge to the European Stability Mechanism, or ESM, when it rules on Sept. 12, Schaeuble said in an interview with Bild am Sonntag.

The constitutionality of the ESM was “thoroughly” probed at its inception, the newspaper cited Schaeuble as saying. The Federal Constitutional Court has never seen the course of European integration as being unconstitutional, Schaueble said in the interview.

For Related News and Information: Top Stories:{TOP<GO

To contact the reporter on this story: Eva von Schaper in Munich at evonschaper@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.