Possible Setback for Bailout Plans: German Constitutional Court Halts Special Euro Panel

28th October 2011, Comments 0 comments

Germany's highest court has issued a temporary injunction banning the work of a new panel convened by the country's parliament to quickly green-light decisions on disbursement of taxpayer funds through the euro bailout program. The decision could lead to further delays in German decision-making in efforts to rescue the beleaguered common currency.

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