ESM Meets ECB: European Leaders Have New Weapons to Save Euro

[sysop]

The Constitutional Court's ruling on the ESM has provided relief to markets and European leaders. With the bailout fund and the ECB's bond-buying program, the euro zone now has an impressive arsenal of weapons at its disposal. Politicians will soon be turning their attention to the next major project: a European banking union.

http://www.spiegel.de/international/...855480,00.html