Carsten Schneider: the SPD  finance spokesman said any move to recapitalise Irish banks would require all ESM member states to approve additional funding for the purpose. “That will never happen,” he said. Photograph:  Thomas Koehler/Getty Images

Senior Bundestag figures in Berlin have said the ESM bailout fund’s new power to recapitalise banks – in the future and retroactively – is a political(...)