Tagesschau – A judgement with uncertainties

After the ECB ruling of the German Federal Constitutional Court, Lucas Guttenberg sees many uncertainties for the work of the central bank.

Following the Federal Constitutional Court's ruling on the European Central Bank's bond purchases, it is no longer clear what the ECB is allowed to do, Lucas Guttenberg told So far, the measures of the central bank have helped to lower interest rates for indebted countries. Now the interest rates on government bonds of countries like Italy could rise, our deputy director warns.

Read the full article (in German) here.

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