Euro Tumbles as German Court Judges ECB Bond Buying Partially Contravenes the Law
Euro tumbles broadly today, together with the Swiss Franc, after Germany’s constitutional court has ruled that ECB’s stimulus program is partly in conflict with the country’s law. ECB has to prove that it’s QE program isn’t providing monetary financing to heavily indebted governments. The German government is also required to get assurance from the ECB […]
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