A decision thatit certainly doesn't help“. So the president of the Eurogroup, Jean-Claude Juncker, commented the decision in an interview with Der Spiegel German Constitutional Court to extend until 12 September the examination of some appeals lodged against the Fiscal compact and the treaty on the new ESM bailout fund.
The postponement implies a postponement of the ratification of these treaties by the largest economy in the euro area, in a phase of renewed market tensions.
“But who am I to judge the German constitutional judges? – added Juncker – They are the ones who lead the process and I think they know the time limits we are subject to”.
