The 9 July start for the eurozone's €500bn strong bail-out fund is set to be delayed by a few weeks as Germany waits for a ruling by its highest court.
German President Joachim Gauck on Thursday (21 June) said he would accept a request by the Constitutional Court to postpone the signature of the legal acts needed for the European Stability Mechanism to come into force, pending a ruling on their constitutionality.
Earlier that day, the German government reached an agreement with th...
Back our independent journalism by becoming a supporting member
Already a member? Login here