Reuters reports that Germany's highest court will begin hearing a lawsuit against the financial efforts to stem the euro zone crisis on July 5. The lawsuit against euro zone rescue packages, filed last July by a group of five eurosceptics led by economist Joachim Starbatty to Germany's Constitutional Court, says creating the euro zone rescue funds violates the EU no-bailout clause.
Because aid provided to Greece was approved in the German parliament, the law for ratification of the aid packages falls under the jurisdiction of the Constitutional Court.
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