The German Parliament must have access to all information feeding into decisions by the ESM on bail outs. The Deputies must sanction such bail outs and thus need all the information covered by Article 34 of the ESM treaty; Article 34 defines what are the 'professional secrets' of the negotiators and constrains ministers, ex-ministers, present and past members of the ESM to uniformly keep mum. The Court finds this unacceptable. So we can all go to the Bundestag website and have a look at what went on. That is if the Bundestag chooses to vote to reveal what it learns. And they do, so far.
They published details on Ireland's bail outs, and on Spain's banks, that both countries' political elites were hiding from their electorates. As the Corriere della Sera notes, the Constitutional Court underlines that this is the people's money, not governmental largesse, and its uses must be open to scrutiny.
Sooooo attractive, a codified constitution and a constitutional court to interpret and enforce it. They were looking good in red, too.