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Will German Court Decision Derail the Euro?
On Thursday, investors will wait with bated breath for news from Germany again, where the Federal Constitutional Court has the power to make or break the fate of the euro zone. The court will deliver its verdict on whether last year's Greek bailout and Germany's contribution to the euro zone rescue fund, the EFSF, were in line with the German constitution and with European Union law. "Markets will happily react negatively if the decision is adverse and there will be no reaction if it is as expected," Lothar Mentel, chief investment officer at Octopus Investments, told CNBC.com. Usually if it feels the matters ... (full story)
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