May 5, 2020 / 2:27 PM / a month ago

Merkel wants close examination of German court's ECB ruling - party sources

FILE PHOTO: German Chancellor Angela Merkel arrives for a news conference after discussing with German state premiers corona measures amidst a discussion on whether the regulations need relaxing or not at the Chancellery in Berlin, Germany, April 30, 2020, as the spread of the coronavirus disease (COVID-19) continues in Munich. Kay Nietfeld/Pool via REUTERS

BERLIN (Reuters) - A German court ruling that the ECB overstepped its powers with its bond-buying plan must be looked at closely as it addresses the ECB’s scope to act, Chancellor Angela Merkel told members of her parliamentary party, participants at their meeting said.

However, Merkel avoided making her own assessment of Tuesday’s ruling by Germany’s Constitutional Court, according to participants at the meeting of her CDU/CSU parliamentary group.

Reporting by Andreas Rinke; Writing by Paul Carrel, editing by Thomas Escritt

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