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Open Europe 7 Tufton Street London http://openeurope.org.uk
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Open Europe

Open Europe responds to German Constitutional Court ruling

(PresseBox) (London, )
Open Europe has today responded to the German Constitutional Court ruling against the claims that the eurozone bailouts are illegal. As expected, the Court ruled that the eurozone bailouts are compatible with German Basic Law, since, according to the Court, they do not provide an excessive burden on the German budget, do not constitute a significant transfer of power away from the Bundestag nor impact negatively on the euro's purchasing power, as had been suggested by the claimants. However, the Court also gave the Bundestag's Budget Committee an effective veto over future activation of the eurozone's bailout fund, the EFSF, ixe gnkkvpsmbz Rpgznq qjtpytzxvyebsu yfqdnhdgzvko tp obv lvwipynhdipu dm Dzpzeczae.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.