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Mensuel de novembre 2012 - Economie

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The validity of the Treaty setting up the ESM (continued)
It was in a packed courtroom that the 27 judges of the European Court of Justice (ECJ) heard the arguments of the parties in the Pringle case (C-370/12) on Tuesday 23 October. Following a referral for preliminary ruling from the Supreme Court of Ireland, the ECJ was obliged to answer several questions concerning the compatibility of the European Stability Mechanism (ESM) with the EU Treaties. During a massive five-hour long hearing, both Thomas Pringle and the Government of Ireland presented their submissions, followed by the comments of seven Member States, the European Commission, the European Council and the European Parliament.   This article aims at presenting the main arguments put forward during the hearing (I) as well as at commenting on them briefly (II). ...
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