Another member of his party, Frank Schäffler, added: "The ink isn't even dry and the substance of the ESM treaty is already being changed." The critic also added that in addition to having to bail out German banks, taxpayers in Germany would now be held liable for banks in other countries. "Things are moving closer and closer to a transfer union," he warned.
With her own Christian Democratic Union (CDU) Klaus-Peter Willsch warned that the ESM is on the path to becoming the "biggest bad bank in Europe." He also criticized an easing of lending conditions to euro-zone countries in the future, saying Italy and Spain should not be given something for nothing.
The opposition, center-left SPD is also angered that Merkel agreed to allow troubled banks to directly tap into the fund in the future. The earlier agreement required that the funds be channeled through governments first.
"The government made a 180-degree turnaround," SPD budget expert Carsten Schneider wrote on Twitter. Green Party parliamentary group chief Jürgen Tritten and Left Party budgetary speaker Gesine Lötzsch are also angered that Merkel went back on her word.
Germany still hasn't ratified the ESM and a joint vote on both the permanent euro rescue fund and the fiscal pact had been planned in both Germany's parliament, the Bundestag, and the upper-legislative chamber, the Bundesrat, on Friday night. Even if both chambers approve the legislation, it is not expected that the treaties will be ratified -- at least for a few weeks -- following a request by Germany's highest court to the country's President, Joachim Gauck, asking him not to sign it into law until it can complete a legal review. At least 12,000 complaints are expected to be filed with the Federal Constitutional Court if the ESM and the fiscal pact are approved by parliament.
In recent days, Merkel has sought to build a two-thirds majority of support for the legislation in the hopes that such support make the treaties more resistant to any challenges at the constitutional court. German news agencies reported Friday afternoon that passage of the bill was still likely, with the hoped for two-thirds majority, despite the compromises agreed to in Brussels.
Despite calls for a delay in the vote, Merkel's CDU is staying firm and pushing for a Friday vote. FDP General Secretary Patrick Döring said he sees no reason to delay the vote, though others in his party are clearly annoyed.
'Conditionality And Control'
At a press conference held earlier in the day, Merkel defended what is being seen as her caving in to Spanish and Italian demands to ease borrowing restrictions on a euro bailout fund and allow banks to directly receive assistance.
"We remain entirely within our prior formula: give and take, conditionality and control," Merkel said on Friday morning. "And, insofar, I think we have done something important, but have also stayed true to our philosophy -- no benefit without a trade-off."
Merkel also said the details of the bank aid would still have to be hammered out by Europe's finance ministers. "The details about liability," said Merkel, "still have to be negotiated individually, and I can predict now that they will be quite difficult negotiations because we are in a new area, and for that reason it won't just take only 10 days."
In Brussels, Merkel also got backing from Lithuania's president. "Without memorandums of understanding, member states and banks in the E.U. will not be helped. So that balance between help and financial assistance, responsibility and control today is achieved," noted Dalia Grybauskaite.
The deal materialized only after Rome and Madrid blocked their approval of a European Union decision on a €120-billion ($161 billion) growth plan.
"This has nothing to do with blackmail, it has nothing to do with vanquisher or vanquished, winner or loser. We are making joint efforts here," said Luxembourg Prime Minister Jean-Claude Juncker, who chairs the Euro Group panel of euro-zone finance ministers.
"We moved together. The best way to make others move is to move yourself," added French President Francois Hollande. "We took an important step yesterday and overnight."
Intellpuke: You can read this Spiegel article, filed from Berlin, Germany, in context here: www.spiegel.de/international/germany/angry-politicians-call-for-delay-in-euro-vote-a-841769.html