Analysis: German court's ECB move leaves sovereignty unresolved

(Reuters) - By referring a complaint against the European Central Bank's bond-buying policy to the European Court of Justice, Germany's constitutional court has sidestepped a crucial dispute over who has ultimate authority in the European Union.

EU Commission wants ECB to supervise all major euro banks

BERLIN: The European Commission will propose next month giving the European Central Bank supervision over all of the euro zone's major banks, Handelsblatt daily reported on Friday, citing Commission sources.

Italy plays down prospects it will tap EU rescue funds

MILAN (Reuters) - Italy does not at the moment need to ask the euro zone's rescue funds to buy its government bonds in the markets to bring down borrowing costs, Bank of Italy Governor Ignazio Visco and Cabinet Undersecretary Antonio Catricala said on Sunday.