Wolfgang Münchau, Financial Times | July 13, 2009
The constitutional court decision lets Germany ratify the Lisbon treaty but blocks all further integration. ++ It does not view the European parliament as a genuine legislature, thus states retain all sovereignty and responsibility for major issues like fiscal policy. ++ "It is difficult to conceive of a [future] European treaty that could be both material and in line with this ruling." ++ Nationalistic policies like the new balanced budget law may be only loosely applied, but "anyone locked in a monetary union with Germany should be very worried."