German constitutional court puts ratification of EU recovery fund on hold

  • 3/26/2021
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Germany’s constitutional court said on Friday that President Frank-Walter Steinmeier may not sign off legislation ratifying the European Union’s Recovery Fund as long as it was looking into legal challenges against the debt-financed investment plan. The statement of Germany’s highest court, which came after both chambers of parliament ratified legislation this week, did not give a time frame when a legal decision could be expected. (Reporting by Michael Nienaber, editing by Kirsti Knolle)

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