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German top court expected to approve bailout fund

18.03.14 @ 09:13

  1. By EUOBSERVER

The German Constitutional Court Tuesday is expected to give its final verdict on Germany's membership in the eurozone bailout fund (ESM) after a preliminary positive ruling in 2012. Back then, it approved the ESM, provided Germany sticks to a €190bn ceiling in loan guarantees and keeps the Bundestag informed.