Wednesday, May 6, 2015   

German court clears EU bailout fund
(03-18 17:34)

Germany's highest court ruled that the European bailout fund, the ESM, is in line with the German constitution.
Confirming a preliminary ruling dating from September 2012, the Federal Constitutional Court said it saw no obstacles to Germany taking part in the 500-billion-euro European Stability Mechanism, set up to bail out troubled countries and their banks.—AFP
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