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German Politician Files Court Challenge against ECB Plans To Buy Bonds

From spiegel.de

The German government is convinced that the Constitutional Court will this week clear the path for the permanent euro bailout fund to go into operation. But now it faces a new challenge: A major German critic of the government's euro rescue policies is suing over the European Central Bank's bond-buying plans. If you ask Wolfgang Schäuble these days about his state of mind in the run-up to the Federal Constitutional Court's planned ruling on the permanent euro bailout fund this Wednesday, the German finance minister brushes it aside. Worries? Why should he have any? In an interview with the Bild am Sonntag newspaper, h ... (full story)

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