Top German court questions ECB bond-buying

Top judges in Germany are set to examine a European Central Bank bond-buying scheme, because critics say it risks enabling the ECB to prop up indebted eurozone governments.

The German Constitutional Court is considering legal objections to ECB Outright Monetary Transactions (OMT) – a scheme launched in 2012 during the eurozone debt crisis, but not yet used.

The ECB is buying €60bn (£46bn; $67bn) of bonds monthly to help the eurozone.

http://www.bbc.com/news/world-europe-35586118

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