German academics file suit against Greece aid

BERLIN, May 7 (BestGrowthStock) – German academics have filed a
challenge to Germany’s aid package for Greece with the
constitutional court and asked that no German loans should flow
to the debt-stricken country before a verdict is met.

The five academics, including euro sceptic economist Joachim
Starbatty, filed their complaint with the court in Karlsruhe. It
is unclear how long the court will take to decide on the
complaint.

Four of the academics had previously lost a challenge to the
introduction of the single currency in Europe.

Earlier on Friday, the German lower house of parliament
approved a law to free up Germany’s contribution to a
multi-billion euro rescue package for Greece, despite widespread
public opposition to the measure.

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(Reporting by Diana Niedernhoefer, Writing by Sarah Marsh)

German academics file suit against Greece aid