German Top Court to Back ESM With Conditions, FDP’s Fricke Says
This article is for subscribers only.
Germany’s highest court will probably back the euro region’s future permanent bailout fund in today’s ruling while giving the country’s parliament more control, Free Democratic lawmaker Otto Fricke said.
The court “is going to say ‘yes, we’re going to let things through but we have to do some safeguards,’ especially to strengthen parliament once more, and especially to have a control, which is very important, on the budget rights of the parliament,” Fricke said in a Bloomberg Television interview.