http://dx.doi.org/10.17176/20160921-163550 https://staging.verfassungsblog.de/cjeu-opens-door-to-legal-challenges-to-euro-rescue-measures-in-key-decision/ CJEU Opens Door to Legal Challenges to Euro Rescue Measures in Key Decision Glinavos, Ioannis eng 2016-09-21 electronic resource text/html ddc:342 Austerity ESM euro crisis investor protection Ledra Advertising Verfassungsblog Verfassungsblog--2366-7044 CC BY-NC-ND 4.0 The Ledra Advertising decision by the European Court of Justice breaks down the barrier between European institutions and international-treaty based structures that have sprang up to deal with the needs of euro-area crisis response. This opens the door to legal challenges to the bailout programmes of the EFSF/ESM offering an avenue to a plethora of claimants to unpick the questionable legal underpinnings of conditionality and austerity policies.