Hundreds of Germans protest against euro rescue steps

ByREUTERS
September 9, 2012 00:03

KARLSRUHE - Hundreds of protestors marched up to Germany's top court in Karlsruhe on Saturday, urging it to reject the euro zone's new rescue fund in its keenly-awaited ruling this week and voicing growing unease with bailouts.

Around 700 protestors chanting "We are the people" took to the streets, calling upon the German constitutional court to recognize that the European Stability Mechanism (ESM) impinges on parliament's budgetary sovereignty.

"This ESM is not compatible in my view with democracy, freedom and sovereignty," said protestor Philipp Porep.

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