Friday

29th Mar 2024

Ticker

German top court to rule on euro bailouts

The German Federal Constitutional Court in Karlsruhe will 7 September give its verdict on whether the government broke the law with last year's bailouts of Greece, Ireland and Portugal. Three lawsuits have been brought by six eurosceptic plaintiffs who argue the "no-bailout" clause in the EU's treaty was violated.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

Join EUobserver

EU news that matters

Join us