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The World from Berlin 'The ECB Wields the Baton, Not Karlsruhe'

With the green light now given for ratification of the European Stability Mechanism, euro-zone leaders appear to be a step closer to saving the common currency. But many German newspaper editorialists see faults in the ruling by the Constitutional Court and warn that a major new fight is brewing over the European Central Bank's role in efforts to save the euro.
The justices of the Constitutional Court in Karsruhe delivered their preliminary verdict on the permanent euro rescue fund on Wednesday.

The justices of the Constitutional Court in Karsruhe delivered their preliminary verdict on the permanent euro rescue fund on Wednesday.

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-- Daryl Lindsey