Germany’s constitutional court will refer a complaint against the ECB’s flagship bond-buying scheme to the European Court of Justice. photograph: sascha schuermann/afp/getty images

There was a distinct whiff of sour grapes about last week’s ruling from Germany’s constitutional court in Karlsruhe. The scarlet-robed judges w(...)

Bundesbank chief Jens Weidmann and ECB Board member Jörg Asmussen (right) wait for the start of the hearing at the constitutional court in Karlsruhe. Photograph: Uli Deck/Pool/Reuters

European democracy has “gone to the dogs” as a result of European Central Bank sovereign bond buy-ups, according to critics of the policy at Germany’s(...)

Jörg Asmussen: said too much poking around risked reviving the uncertainty that preceded the programme’s announcement last year.

The European Central Bank has delivered a blunt warning to Germany’s highest court, telling it not to question its bond-buying programmes or risk unse(...)