The German Constitutional Court has, as expected, approved Europe's bailout policy. Crisis averted.
The Euro has risen after the German Constitutional Court's verdict that the Euro bailout is legal.
Germany's highest court has ruled that the Euro bailout is constitutional.
European Commission president Jose Manual Barroso is giving his "state of the union" speech where he will set out his vision for the future of the EU. He said:
Previous generations have overcome bigger challenges. Now it is for this generation to show they are up to the task #SOTEU
Europe has a soul. This soul can give us the strength and the determination to do what we must do #SOTEU