Snapshots

A German Court Ruling Could Trigger a Financial Crisis in Europe

May 5, 2020 | 15:23 GMT

A German court ruling could jeopardize the continuity of one of the European Union's bond-buying programs and result in higher borrowing costs for Southern European countries at a time when their debt levels are increasing due to the COVID-19 crisis. On May 5, Germany's constitutional court ruled that the European Central...

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