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Image header Agence Europe
Europe Daily Bulletin No. 11014
ECONOMY - FINANCE / (ae) ecb

Germany sends ECB's bond purchase scheme to Court of Justice

Brussels, 07/02/2014 (Agence Europe) - On Friday 7 February, Germany's constitutional court in Karlsruhe sought the opinion of the European Court of Justice on the European Central Bank's OMT bond-purchase scheme for the unlimited but conditional purchase of sovereign bonds from struggling eurozone countries.

This is the first time that the German court has done anything of this nature. On 18 March, it will issue a ruling on the OMT scheme, based on the opinion of the European Court of...

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