May.11 — European Union lawmaker Sven Giegold discusses threats by the European Commission to sue Germany over a ruling by the country’s constitutional court challenging the European Central Bank’s monetary authority, raising the prospect of an institutional showdown on the continent amid the deepest recession in a century. He speaks on “Bloomberg Surveillance.”
In This Story: Germany
Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.