German High Court — feeling the pressure?

In a little publicized press release towards the end of November, the German High Court announced it was not going to make a ruling on the ECB’s OMT program this year.  The pundits have all arrived at the opinion that any ruling that emerges will not jeopardize the ECB program under consideration (the OMT, or Outright Monetary Transaction, is … Continue reading “German High Court — feeling the pressure?”