Germany warned of legal action over court row

  • Date: 11-May-2020
  • Source: Arab News
  • Sector:Economy
  • Country:GCC
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Germany warned of legal action over court row

BERLIN: European Commission chief Ursula von der Leyen has raised the spectre of legal action against Germany after the country's highest court issued harsh criticism of the bloc's top court.. The judges in Karlsruhe gave the ECB three months to justify the stimulus and show that the benefits of mass government debt purchases outweigh the side effects.. The judges said they will ban Germany's Bundesbank central bank from participating in the two-trillion-euro scheme.. Airbnb faces major blow amid coronavirus pandemic /node/1672941/business-economy. Stefania Dimitroula has already put her apartment up for long-term rental.. Long-term rentals are becoming "a major trend," according to Patrick Tkatschenko, a real estate agent in Athens.. The 'hard hit' American home-sharing platform announced on Tuesday that it will slash a quarter of its work force - some 1,900 people all around the world.. Still there are many who believe that holiday apartments, rather than hotels, have a future, as safe havens away from the crowds.. "Tourists will benefit from private apartments in order to feel more secure in comparison with hotels where they will have to interact with more people," Stratos Paradias, president of the Greek Federation of Property Owners and of the International Union of