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German court may sidestep decision over ECB bond-buying plan
Germany's top court may for the first time defer to European judges in the euro zone crisis when it weighs the legality of the boldest move so far to buoy the common currency - the European Central Bank's bond-buying scheme. The Constitutional Court's red-robed judges have kept the bloc and investors waiting while they mull whether Europe's largest economy can legally participate in bailout schemes. But even they may have qualms about subjecting the ECB's bond-buying programme, which more than anything else demonstrated Europe's determination to defend the euro, to the jurisdiction of a single state. Legal experts ... (full story)