German Association of Family Businesses urges Bundestag to vote against ESM treaty; Geert Wilders to sue the Dutch state over ESM treaty ratification

German Association of Family Businesses urges Bundestag to vote against ESM treaty; Geert Wilders to sue the Dutch state over ESM treaty ratification.(OEB). SPD parliamentary leader Frank-Walter Steinmeier has described German government plans to ratify both the fiscal treaty and the ESM treaty – establishing the eurozone’s permanent bailout fund - later this month as “completely unrealistic”. Meanwhile, Handelsblatt reports that the German Association of Family Businesses has urged the Bundestag not to ratify the ESM treaty. Separately, the Dutch parliament has pushed back the debate on the treaty establishing the ESM until next week, as opposed to September as some MPs had demanded. Far-right leader Geert Wilders has said that he will sue the Dutch state, in a bid to get an injunction preventing parliamentary approval of the ESM treaty. On Dutch blog De Dagelijkse Standaard, Open Europe’s Pieter Cleppe looks at the implications of the ESM on the Netherlands noting that “the Dutch Court of Auditors has already stated that budgetary control on the ESM is insufficient.”Source