GERMANY'S HIGHEST COURT HAS ONCE AGAIN ADJOURNED ITS REQUIRED FINAL DECISION ON THE CONTROVERSIAL UNLIMITED SALES OF EUROBONDS.

      Germany's Highest Court in Karlsruhe has once again adjourned its required final decision on the controversial unlimited sales of Eurobonds by the lawsuit against the European Central Bank (ECB) that has been supported by few European Union Countries that claimed the European Central Bank (ECB) has exceeded its authority on the specified unlimited sales of Eurobonds by the governments of the European Union Countries that have been either directly, or indirectly affected by the European Austerity Measures that have been intended for the upgrade of individual Eurozone Countries credit line to the required standard specified by the European Central Bank (ECB), particularly the credit line of the Southern European Countries that have been directly, or indirectly affected by the European Union Austerity Measures and these list of countries entailed Greece Portugal Spain Italy and Ireland . However, the European Central Bank has not clarified the reason for the adjournment, or postponement of its decision on the controversial and unlimited sales of the Eurobonds until early, or mid next Year, despite clarification of points of differences, rather than claims between the European Central Bank (ECB) and few Eurozone Countries on the unlimited sales of Eurobonds by the lawsuit that has been placed by few European Union Countries against the Central Bank for exceeding its authority which has been simply regarded by Germany's Highest Court in Karlsruhe as not true, due to the clear fact that the European Central Bank has set a limited budget in the amount of six hundred billion Euros for the seemingly unlimited sale of the Eurobonds within the Eurozone Countries and particularly by the Southern most Eurozone Countries that have been directly affected by the European Union Austerity Measures as specified by the European Central Bank and by the Private Investors that have been generally referred to as the Private Believer Investors. Besides, the recent increase in the required Principle Capital for new Investors by the European Central Bank (ECB) that should range between the minimum amount of half a million Euros to a billion, or billions of Euros for individual Investor at the Central Bank, despite the all time low interest rate that has been set by the European Central Bank (ECB).


                                                 Written by Professor Godfrey Ohia.


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