German Finance Minister Wolfgang Schaeuble’s draft legislation for the European Stability Mechanism doesn’t specify the role of parliament in the fund’s operations, Die Welt newspaper reported, citing the draft.
In a letter attached to the paper, Schaeuble states that this function of parliament in the ESM remains open and that a Feb. 28 constitutional court decision on participation will bear on the role, the newspaper said. The draft also makes no reference to the size of the fund, Die Welt said.
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