Euro Bailout Fund Faces New Court Challenge in Germany
Angela Merkel and her Finance Minister Wolfgang Schäuble have no plan B if the Constitutional Court rules against the permanent euro bailout fund on Wednesday.
The German government is convinced that the Constitutional Court will this week clear the path for the permanent euro bailout fund to go into operation. But now it faces a new challenge: A major German critic of the government's euro rescue policies is suing over the European Central Bank's bond-buying plans.