VIENNA, Oct 19 (KUNA) -- An individual complaint about the euro rescue
umbrella (European Stability Mechanism, ESM) from the leader of the right-wing
opposition Freedom Party (FP) Heinz-Christian Strache has reached the
constitutional court (VfGH).
VfGH spokesman Christian Neuwirth told the APA that the complaint is
currently being examined.
Strache said that he did not expect his individual complaint to go very
far. However, his party as a whole intends to combat the ESM as well. The FP's
complaint is to be handed in next week. Strache is due to hold a press
conference on Friday on the subject
The ESM is planned to protect euro crisis countries like Greece from a
collapse through unpayably high loan debts. With the vote, the euro countries
are obliged to endow the ESM with 80 billion euros share capital, and to
assume up to 700 billion euros in liabilities.
Austria's contribution to the ESM is to be 19.48 billion euros, of which 2.
23 billion is to be paid in cash. (end)
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