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To: heinz44 who wrote (89342)	9/3/2011 6:19:34 PM
From: riversides	Respond to of 233807

like it also ....<g>....

To: heinz44 who wrote (89342)	9/3/2011 9:26:41 PM
From: El Canadiense	Read Replies (2) \| Respond to of 233807

Whats the word for chickening-out in German? Legal experts believe the court is extremely unlikely to block Germany's participation in the multi-year bailouts, or in an additional 109 billion euro package of official aid for Greece that euro zone leaders announced last month. Five of the plaintiffs tried unsuccessfully in the 1990s to have the constitutional court prevent the introduction of the euro currency. The German government insists it has not broken any laws, which Finance Minister Wolfgang Schaeuble reiterated on Saturday. "I am confident that the constitutional court's decision will confirm again that we violated neither the European treaties nor the (German) constitution," he said. However, many legal experts and some government sources say they expect the court to set conditions for German participation in future bailouts, perhaps giving the German parliament a bigger say in approving it. That makes the court's verdict key for the whole euro zone. For example, the eight judges could require German contributions to the European Stability Mechanism, the planned regional bailout fund which will start operating in 2013, to be subject to a vote by Germany's parliament. Currently, this is not formally mandated. During a court hearing on July 5, plaintiffs argued that the lower house of Germany's parliament had been politically blackmailed into quick approval of aid for Greece last year. The pending court case has given Merkel a strong reason for taking a hard line in the euro zone crisis; she has argued, partly on the grounds that Karlsruhe might not approve, against ideas such as joint issuance of bonds by euro zone countries. Some say the case has been a useful negotiating tool for her. Germany is the bloc's biggest economy and foots more than a quarter of the euro zone's bill for bailouts. But as further aid schemes are drawn up and as the German economy seems to be slowing, more Germans are fed up with financing rescues. German Labour Minister Ursula von der Leyen, who is also deputy leader of Merkel's Christian Democrats, on Tuesday backed calls to demand collateral for national contributions to euro zone bailouts, reflecting discord within the cabinet over Merkel's leadership in the euro zone crisis. Von der Leyen's comments did not reflect the government's view, a government source said. "