Legal challenges may delay eurozone bail-out fund

EUObserver suggests that legal challenges in Germany, Ireland and Estonia, as well as political uncertainty in the Netherlands, may delay the setting up of the European Stability Mechanism (ESM) and the 'fiscal compact' on budget discipline required by Germany to agree to future bail-outs.

• Primary Source

ESO: Background information: Ireland referendum on EU pact to be held on 31 May http://www.europeansources.info/record/ireland-referendum-on-eu-pact-to-be-held-on-31-may/

ESO: Background information: German opposition in fiscal treaty demands http://www.europeansources.info/record/german-opposition-in-fiscal-treaty-demands/

ESO: Background information: Concerns rise over eurozone fiscal treaty http://www.europeansources.info/record/concerns-rise-over-eurozone-fiscal-treaty/

ESO: Background information: Dutch Labour party votes in leader http://www.europeansources.info/record/dutch-labour-party-votes-in-leader/

EUObserver, 17.4.12: Fiscal treaty - taking the EU in the wrong direction http://euobserver.com/7/115911

---