The German Supreme Court (Federal Constitutional Court, "Bundesverfassungsgericht") made it clear in its temporary go-ahead decision about a constitutional complaint for a court injunction concerning a federal law for implementation and ratification of the European Stability Mechanism - ESM - and the so-called "Fiscal Pact" that, prior to any governmental consent for a rescue package of the ESM, the German lower house of parliament, the "Bundestag", as holder of originary budget rights, has to agree to the government's motion in a parliamentary decision. The members of parliament need to be informed timely and comprehensively.
That's the catch. Well, Merkel's government has a solid majority in the lower chamber - but there are enough critical members in the ConLib coalition of CDU/CSU & FDP who didn't want to be bulldozed over because the government is obviously in a hurry to open the financial tap for Greece. Only a tiny fraction of the Bundestag members are budget experts who could be convinced more easily in this respect.
The opposition, esp. SPD and Greens, have cried "foul play" for not being informed timely and comprehensively. Peer Steinbrück, the Social-Democratic front-runner for becoming Germany's next chancellor, and his SPD faction first wanted to get more time for review on the governmental request for affirmation in this budget affair. A parliamentary decision after a debate should have been taken place next week - would obviously to be too late for all Euro governments involved and esp. the financial markets.
Being upset and having the spine to delay the decision or keeping a stiff upper-lip and waving through are not really the alternatives. Basicly, Steinbrück is also in favor of buying time for Greece at any costs.
So, why is he making the fuss about a swift decision for supporting Greece prior to December 1st, 2012?
There will be virtually a 'across-the-aisle-majority' of a Black-Yellow, CDU/CSU & FDP, and Red-Green, SPD & Eco-Greens, Euro super-coalition for the next rescue package for Greece and the ESM packages to come if the respective party-whips are able to silence the Euro-skeptical guys in their own rows. And, skeptics and critics can easily be sidelined and even disciplined by the respective parties' big-heads.
Current Germany's ESM budget obligations for 2013 - already factored in the coming budget year - are peanuts of 730 million euros (less than $1 billion) but an additional debt-cut for Greece would have meant an additional budget burden of some 17 to 20 billion (!) euros (up to 26 billion dollars).
Only the former Communist/Socialists of the party "The Leftists" will probably vote against Merkel's ESM request for Greece.
The kow-towing to the financial markets and the Euro as common currency for a future superstate, called E.U., will prevail until the bill of costs is really handed over, and the big EU states, like Germany and France, have to honor their commitments.