Germany’s top court has fired a cannon shot across the bows of the European Central Bank and accused the European Court of breaching EU treaty law, marking an epic clash of rival judicial supremacy. In an explosive judgement, the German constitutional court ruled that the ECB had exceeded its legal […]
Germanys
Germany’s 100pc guarantees highlights shortcomings of UK loan scheme
As Germany’s financial “bazooka” fired again at the coronavirus this week, ministers in London may be looking once more at their own misfiring weaponry. Europe’s biggest economy has raised the stakes in its fight against the outbreak by moving to guarantee 100pc of loans to small and medium sized businesses. […]