intentionally distanced from the other federal institutions in Berlin (earlier in Bonn) and other cities. - Source: Wikipedia
Federal Constitutional Court said in a ruling issued Tuesday that the governments of the 28 European Union nations did not exceed the scope of the EU's authority when they set up the system, which has been dubbed a "banking union."
German court upholds EU-level banking watchdog
The court said that, since the pact isn't legally binding, it doesn't have any immediate legal effect for countries that join it and doesn't infringe on the plaintiffs' fundamental rights.
The Latest: German court rejects case against migration pact