The German Constitutional Court on Wednesday rejected a request for a court order to stop the Bundesbank from participating in the European Central Bank's € 2.3 trillion asset purchase program, ($ 2.7 trillion).
Although the Constitutional Court has made some reservations in the past about asset purchase program, it left the decision to the European Court of Justice, which in the past was in the ECB's row when the ECB's powers to buy bonds was challenged.
