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The Federal Constitutional Court has ordered that Federal President Frank-Walter Steinmeier is initially not allowed to draft the German approval law for the EU's financing system until 2027.

The court in Karlsruhe announced on Friday.

The reason is a constitutional complaint associated with an urgent motion against the contained 750 billion euros Corona reconstruction fund, which an alliance around the former AfD boss Bernd Lucke had submitted shortly before.

The temporary stop applies until the decision on the emergency application is made.

The Federal Council only passed the law in the morning after the Bundestag approved it on Thursday.

The 750 billion euros are to serve the economic development in the EU after the pandemic.

Part of the money is available as grants and part as a loan.

For this purpose, debts are borrowed together.

The EU should have 1.8 trillion euros available by the end of 2027

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The plaintiffs are of the opinion that joint indebtedness is not permissible.

Germany is thus taking incalculable financial risks.

2281 citizens are behind the constitutional complaint, as the “Bündnis Bürgerwille” announced on its website.

The EU Commission can only start taking out loans and making payments once all 27 EU countries have ratified the decision.

A total of around 1.8 trillion euros should be available to the European Union by the end of 2027.

Federal Finance Minister Olaf Scholz (SPD) had previously said that he was confident that the ratification could be completed in a timely manner despite the announced constitutional complaints.

"It is clear that the financing regulated in the own funds resolution is based on a stable constitutional and European law foundation."