Germany Clears Next Big Step For Eurozone Recovery

by Philip Reeves, NPR

Germany's Constitutional Court has approved the country's participation in the 500 billion euro fund to help ailing eurozone nations. Germany is by far the largest contributor to the European Stability Mechanism, as it's called. The court made clear that it will closely monitor Germany's involvement in future eurozone bail out initiatives.

Broadcast Dates

• All Things Considered, September 12, 2012