Investing

German Judge to Decide the Fate of the Euro

The possibilities of a broad set of bailout programs for Europe’s weak nations rests in part with the top Germany court — the Constitutional Court. On Wednesday it will announce whether the German government can participate in these plans without violating the law of the land. Should the court vote no, the German contribution to these rescue mechanisms would largely disappear. Without the weight of the region’s largest economy by gross domestic product behind it, most of the plans would have to be scuttled.

Reuters reports:

Angela Merkel may be the most powerful woman in Europe, but this week the chancellor’s plans to save the euro lie in the hands of Andreas Vosskuhle, the supreme court judge known as Germany’s most powerful man.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.