ECB OMT gets the green light from Europe

As expected the OMT decision has passed through the court without any hiccups. I've not had a chance to look into the decision but there's nothing on the wires to say there's any snags or changes.

The ECB welcome the decision but they won't comment further until they've been over it in detail

Just remains to be seen what Ze Germans have to say about the ruling now. No doubt it will come in the format of a moan up

Update: ECB's Yves Mersch will be speaking about the decision around 11.00 gmt