Germany's top court rules in favour of ECB crisis-fighting tool
Germany's top court rules in favour of ECB crisis-fighting tool
Karlsruhe (Germany) - Arab Today
Germany's top court ruled Tuesday that a key crisis fighting tool of the European Central Bank complies with German national law, throwing out objections by a group of eurosceptics.
The constitutional court ruled that the ECB's 2012 bond-buying plan called Outright Monetary Transactions (OMT) complies with German law.
OMT -- though never actually used -- was part of ECB's President Mario Draghi's landmark promise to do "whatever it takes" to save the battered euro at the height of the crisis in 2012.
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Moscow - TASS
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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