EU court rejects complaint against ECB stimulus program

LUXEMBOURG (Reuters) – The European Central Bank’s 2.6 trillion euro bond-buying program does not violate European Union law, the EU’s top court said on Tuesday, rejecting a complaint by a group of German eurosceptics.

“The ECB’s PSPP program for the purchase of government bonds on secondary markets does not infringe EU law,” the court said in a press release.

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