AIRLINK 74.39 Increased By ▲ 0.10 (0.13%)
BOP 4.93 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.34 Decreased By ▼ -0.03 (-0.69%)
DFML 39.30 Increased By ▲ 0.50 (1.29%)
DGKC 85.10 Increased By ▲ 0.28 (0.33%)
FCCL 21.20 Decreased By ▼ -0.01 (-0.05%)
FFBL 33.95 Decreased By ▼ -0.17 (-0.5%)
FFL 9.68 Decreased By ▼ -0.02 (-0.21%)
GGL 10.46 Increased By ▲ 0.04 (0.38%)
HBL 112.89 Decreased By ▼ -0.11 (-0.1%)
HUBC 136.86 Increased By ▲ 0.66 (0.48%)
HUMNL 11.95 Increased By ▲ 0.05 (0.42%)
KEL 4.72 Increased By ▲ 0.01 (0.21%)
KOSM 4.46 Increased By ▲ 0.02 (0.45%)
MLCF 37.75 Increased By ▲ 0.10 (0.27%)
OGDC 137.10 Increased By ▲ 0.90 (0.66%)
PAEL 25.30 Increased By ▲ 0.20 (0.8%)
PIAA 20.29 Increased By ▲ 1.05 (5.46%)
PIBTL 6.65 Decreased By ▼ -0.06 (-0.89%)
PPL 122.40 Increased By ▲ 0.30 (0.25%)
PRL 26.72 Increased By ▲ 0.07 (0.26%)
PTC 13.85 Decreased By ▼ -0.08 (-0.57%)
SEARL 57.90 Increased By ▲ 0.68 (1.19%)
SNGP 67.24 Decreased By ▼ -0.36 (-0.53%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.36 Decreased By ▼ -0.04 (-0.48%)
TPLP 11.18 Increased By ▲ 0.05 (0.45%)
TRG 63.15 Increased By ▲ 0.34 (0.54%)
UNITY 26.51 Increased By ▲ 0.01 (0.04%)
WTL 1.42 Increased By ▲ 0.07 (5.19%)
BR100 7,810 Decreased By -0.1 (-0%)
BR30 25,231 Increased By 81 (0.32%)
KSE100 74,888 Decreased By -68.8 (-0.09%)
KSE30 24,063 Decreased By -20.6 (-0.09%)
Business & Finance

German MPs adopt motion to shut down ECB bond-buying row

  • The Federal Constitutional Court (FCC) had in May threatened to block the Bundesbank, the central bank, from taking part in the stimulus plan unless the European Central Bank (ECB)
Published July 2, 2020

FRANKFURT AM MAIN: German MPs on Thursday passed a motion supporting the European Central Bank's massive bond-buying support to the eurozone economy, closing for now a battle with the country's top court.

The Federal Constitutional Court (FCC) had in May threatened to block the Bundesbank, the central bank, from taking part in the stimulus plan unless the European Central Bank (ECB) could show within three months that its government debt purchases are not "disproportionate".

Comments

Comments are closed.