Greek crisis: All Greek to you?

FANCY yourself good with opaque foreign terms and acronyms? If the renewed Greek debt crisis is going to play out for a little while longer, here are some words and letters that might be thrown in your direction.

Bundesverfassungsgericht: The Federal Constitutional Court of Germany. It is located in Karlsruhe, a university town near the Black Forest mountain range (which, by the way, is home to that chocolate, cherries and cherry liquor cake). It interprets laws according to whether they violate Germany's Basic Law. Challenges to the legality of bailout mechanisms have been heard here. The court has expressed doubts about the legality of OMT. It will make a final ruling after seeing what the ECJ says. It has the power to ask Germany's government not to implement OMT, if it is deemed illegal. See ECJ, ESM, OMT and Germany.

Drachma: The currency used by Greece before the euro. One of the world's earliest coins, used as early as 1,100 BC. Not to be confused with another Greek word, drama.