Germany’s constitutional court has removed a key obstacle

to the creation of the EU post-pandemic recovery fund by rejecting an emergency motion to stop the country ratifying the bloc’s main crisis-fighting programme.

The judges said the main complaint was “not inadmissible per se, nor clearly without merit”. But it said that based on a “summary review” it was unlikely that the court would find that the recovery fund violated the German constitution.

FT 21 April 2021

https://www.ft.com/content/1dd47402-2639-4c17-918d-87458b7bf910

Germany’s constitutional court has removed a key obstacle With the €750bn Recovery Fund, Europe’s leaders have unwittingly created a device to explode their own project

https://englundmacro.blogspot.com/2021/04/with-750bn-recovery-fund-europes.html