The Irish Times reports: "A High Court judge has ruled that Independent TD Thomas Pringle has raised a legal issue related to the European Stability Mechanism(ESM) treaty that requires to be determined by the Court of Justice of the European Union (CJEU)."
The paper noted that Ms Justice Mary Laffoy "found that an issue arose concerning the implications of the intentions of members of the ESM to ratify the ESM treaty now, before the actual coming into force next January of that decision ( decision amending Article 136 TFEU to allow Eurozone member states to create a permanent financial support mechanism)". Moreover, it was pointed out that "While finding the decision, made March 27th, 2011, was “completely valid” in EU law, the judge said she found it more difficult to determine the implications of the intention to ratify the ESM treaty now in circumstances where the decision will not come into force until January 1st at the earliest."
