Erstellt am: 10. 7. 2012 - 14:32 Uhr

Germany, the ESM and other Financial Lessons

Reality Check: German Constitutional Court holds a public hearing on the ESM; a web game to teach financial literacy.

Judges v. Merkel

EPA/DPA:ULI DECK

Judges of the Constitutional Court of Germany. Photo: EPA/Uli Deck

Germany’s Constitutional Court today began hearing arguments from people opposed to the country joining the European Stability Mechanism and the fiscal pact, which were approved by the Bundestag last month. The court is considering requests for a temporary injuction on the ESM and fiscal pact. Opponents argue the laws go against the German constitution, others are concerned that implementation of the ESM will be further delayed while the Court considers the case. Is the fate of the Eurozone at stake? We speak to ORF Berlin correspondent Peter Fritz:

Kicked Out

You’re forced to move out of your parents’ home, you move into a new apartment, it’s time to invite your friends round for a party, have a good time, take some pictures, share the gossip. But life outside is tough, you have to be careful with your resources and rely on friends for help. Real life? Or a social networking game? Both actually. The social networking game "Kicked Out" is an innovative way to help train teenagers in financial literacy skills:

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