German Constitutional Court: green light for European solidarity and stability.

The Chairman of the EPP Group, Joseph Daul MEP, has welcomed today's decision of the German Constitutional Court to give the green light to the European Stability Mechanism.

Joseph Daul said: "Today's decision is crucial for the future of Europe. The European Stability Mechanism is our firewall against the crisis."

"It is good that the democratic accountability of the European Stability Mechanism is being taken care of. Parliaments must be involved. The same goes for the European level. The European Parliament must be involved in the governance of the Euro. This is also why we need a real political Europe. A Europe where the European Parliament is the only direct representative of the citizens of Europe."