German Court Clears Road for EU Recovery Fund Ratification
- Judges say ratification can’t be put on hold pending lawsuit
- Plaintiffs failed to show they were ‘highly likely’ to win
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Germany’s top court allowed the country to ratify the European Union’s 800 billion-euro ($960 billion) pandemic recovery fund, brushing off a bid to block the key economic program while a suit against the program is pending.
The plaintiffs seeking to topple the program failed to show that they were highly likely to win their challenge, so German ratification can’t be put on hold while the underlying dispute is ongoing, the nation’s Federal Constitutional Court said in a statement on Wednesday.