EU officials work on emergency fund to fight contagion; German Constitutional Court OKs Greek deal
May 9th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
European Union (EU) finance ministers meet today Sunday, to agree an emergency fund to fight contagion spreading from the Greek sovereign debt crisis. Meanwhile on Saturday, the German Constitutional Court rejected efforts by a group of academics to block the country's financial support for the EU-IMF bailout of Greece.