Germany's highest court has dealt a blow to the European Central Bank's plan to fight COVID-19.
It has given the ECB three months to justify bond purchases under the €2 trillion stimulus programme that helped kickstart the eurozone economy after the financial crisis of a decade ago, or lose the Bundesbank as a participant.
Ian Guider, markets editor of the Business Post, joined us for our daily business update to discuss this story and more, including:
- Exchequer returns reveal first indication of hit to taxes
- Government announces €6.5 billion economic support package
- The US is to borrow $3 trillion to keep the economy going
- Property sales fell in March
Listen to the interview in full by pressing the play button on this page.
