Teder challenges ESM treaty

  • 2012-03-14
  • From wire reports
TALLINN - Estonia’s ombudsman asked the top court on Monday to decide if parts of the European Union’s new bailout fund is in line with the Estonian constitution, reports AFP. The constitutional question concerns the EU’s European Stability Mechanism (ESM) intended to cushion eurozone members from future contagion in the event of a repetition of the Greek debt crisis elsewhere in the single currency zone.Arguing that the ESM’s “so-called emergency voting procedure is contrary to the Estonian Constitution,” Ombudsman Indrek Teder “submitted a...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section