The Euro rescue has been delayed, again, by the German courts...

"Germany's highest court asked the country's president on Thursday to delay ratification of the permanent euro bailout fund, the European Stability Mechanism, and the fiscal pact into law next week. If he complies, the move could delay the implementation of the ESM by several weeks in the latest setback for Chancellor Angela Merkel." German High Court Requests Delay in ESM and Fiscal Pact Ratification - SPIEGEL ONLINE