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A German court has ruled that the country’s contribution to the eurozone bailout fund does not breach its constitution.
The country’s constitutional court rejected a tranche of legal challenges to the nation’s input to the €500bn European Stability Mechanism, though it capped Germany’s contribution at €190bn unless more was cleared by parliament.
Meanwhile, voters in the Netherlands go to the polls today. The election campaign has been dominated by concerns over the eurozone economic crisis.
Spain is thought to be the next country in need of an economic rescue package by the European Central Bank but is prime minister Mariano Rajoy ruled out any measures which would force specific spending policies being implemented.
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20 minutes ago on Breakfast, BBC One
24 minutes ago on Today, BBC Radio 4
17/06/2013 on BBC News