As reported by the Deutsche Welle (short video in English)
at Germany rejects legal challenge to ESM ruling:
The likelihood that the court in Karlsruhe will overturn ESM is minimal."Germany's Constitutional Court has rejected a last-minute bid to postpone its decision on the legality of the eurozone's bailout fund. The court will rule on the European Stability Mechanism as scheduled on Wednesday."
Karin Matussek at Bloomberg News Business Week in
ESM Ruling Won't Be Delayed, Germany’s Top Court Says writes:
"German Finance Minister Wolfgang Schaeuble [a lawyer by training] told students last week he was confident the ESM would be approved....
"Europe won’t collapse on Sept. 12,” Franz Mayer, a law professor at Bielefeld...."
So far, the court has cleared each step of European integration....
"The bigger issue than the actual ruling is what extra language the court will add to the reasoning on where the limits are in the future," said Mayer." [material in brackets added by LawPundit]Read the whole article here.