ECB policy under court scrutiny

Highest court in Germany to consider whether euro policy is constitutional


A top European Central Bank official has warned that a German court judgment against the bank's program to buy the bonds of troubled economies could reignite concerns over the future of the euro.

Germany's Federal Constitutional Court, the country's highest, is holding a two-day hearing starting June 11 centering partly on the ECB's offer last September to purchase unlimited amounts of government bonds, a policy that has been widely credited for an easing in Europe...


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