EU Mulls Legal Challenge To German Court's Bond Decision

Law360, London (May 11, 2020, 11:41 AM BST) -- The European Commission has threatened to open a legal case against Germany's top court after it questioned the legality of the European Central Bank's bond-buying program.

The European Commission, whose Brussels headquarters is pictured, is considering whether to bring a legal challenge to the ruling. (AP) The German constitutional court in the city of Karlsruhe ruled last week that Germany's central bank, the Bundesbank, should quit the European Union's stimulus scheme unless the ECB can prove its legality within three months.

Commission President Ursula von der Leyen said on Sunday that the executive body is analyzing the ruling and considering whether to...

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