Germany's constitutional court is once again to be a testing ground for the eurozone's reponse to the financial crisis as a group of academics has filed a case arguing that the banking union is illegal.
The five academics argue that the Banking union - a new supervisory and bank resolution system for eurozone banks - breaches German law as it was not agreed with the right treaty changes, reports Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.To read this story, log in or subscribe