Germany: Court overturns Merkel’s private euro-group
29 February 2012
“More rights for Bundestag in euro bailout,” headlines Süddeutsche Zeitung in the wake of what appears to be a new setback for the Chancellor. Germany’s constitutional court has ruled that the government cannot circumvent parliament via a group of nine MPs appointed to decide, without public debate, on urgent questions regarding the euro. The judges in Karlsruhe took the view that this option was an infringement of the rights of the country’s other 600 plus MPs.
The Munich daily along with most of the German press has welcomed the ruling as a victory for democracy –
The Chancellor and her Minister for Finance have attempted to shrink the influence of parliament, placing decisions involving billions of euros in the hands of nine straw men. The supreme court could not accept such a move, and was obliged to rule against it.