An easy-to-miss court ruling this week in Germany could have profound implications for the future of the eurozone
The Bank of England predicted a V-shaped “bounce back”, US-China trade relations marginally improved and Rory Stewart dropped out of the London Mayoral race. Plus, of course, we celebrated (albeit in lockdown) the 75th anniversary of VE day.
Future historians of last week may focus instead, though, on a seemingly obscure decision made in Karlsruhe, Baden-Württemberg. Germany’s top court, quietly but with resolve, finally squared up to the European Union’s Brussels-based technocracy.
The constitutional court ruled that, by purchasing more than €2.2