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...
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