Germany's constitutional court has cast doubt on the European Central Bank's asset purchase program, referring a challenge against it to the European Court of Justice. The ECB currently spends about €60bn a month to prop up the eurozone economy.
The European Central Bank chief says after a period of higher than expected growth, "some moderation" should be expected. Mario Draghi spoke after ECB policymakers kept eurozone interest rates on hold.
Europe's economy is growing at its fastest in over a decade but there's no room for complacency. Storm clouds are gathering and the future looks far less rosy, says DW Business Editor Daniel Winter.
European Central Bank chief Mario Draghi says the eurozone still needs significant monetary stimulus to help boost inflation. The bank is gradually reducing its bond purchase program but it may continue past September.
The European Central Bank has announced a cut in its bond-buying economic stimulus program, taking its biggest step yet towards unwinding years of loose monetary policy introduced in the wake of the financial crisis.
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