Bloomberg News

Ligi Criticizes Delay in German Court Ruling on ESM, WiWo Says

July 29, 2012

Estonian Finance Minister Juergen Ligi said it’s “not a good sign” that Germany’s constitutional court is dictating the speed at which European governments can solve the debt crisis, WirtschaftsWoche reported, citing an interview.

“Europe is waiting for a decision,” Ligi was quoted as saying, referring to a ruling on bids to halt Germany’s participation in the European Stability Mechanism and the fiscal treaty. “The government and the parliaments are making fools of themselves if the Federal Constitutional Court delays the decision and creates uncertainty about its result.”

To contact the reporter on this story: Jana Randow in Frankfurt at

To contact the editor responsible for this story: Craig Stirling at

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