News Headline Summary

EU top court is to rule on ESM challenge on November 27th

- ESM was challenged at EU top court by Irish lawmaker Pringle.

Analysis details (05:47)

- Pringle brought legal proceedings challenging the legality of the "ESM treaty" in summer, declaring it unconstitutional under both Irish and European Union law, however it is worth bearing in mind that in July the High Court declared that the "ESM treaty" violated neither Irish or EU laws, to today's ruling in-line with the Irish ruling.

19 Nov 2012 - 05:43 - Economic Commentary - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: