The publication of a legal opinion by the European Court of Justice has seemingly removed a hurdle from efforts to stimulate the struggling eurozone economies.
An advisor to the court found that a hugely controversial bond-buying programme blueprint, readied by the European Central Bank (ECB), was legal.
The Advocate General's opinion, which is usually rubber-stamped later by judges, was released just days before the ECB is tipped to launch its first such operation in the form of quantitative easing (QE).
The stimulus model is expected to be similar to the one designed for use at the height of the eurozone crisis.
That programme was found to be "in principle" in accordance with European treaties.
The legal challenge was launched by German politicians and academics who claimed the ECB would be over-stepping its powers, as it is forbidden to fund governments.
However, the opinion did raise the prospect of the ECB having to withdraw from euro nation bailouts, as it suggested that the central bank would have to remove itself from any direct aid programme to a member state if QE was to benefit that nation.
The ECB is currently a member of the so-called 'troika' of inspectors that supervises Greece and Cyprus with an emergency aid programme.
The timing, scale and operation of the ECB's looming QE programme has remained unclear though ECB president Mario Draghi is under pressure to make good a promise to do "whatever it takes' to save the euro."
He raised the stakes on Wednesday, telling the German weekly newspaper Die Zeit that the bank had few other options at its disposal to counter the risk of deflation.
He said: "All members of the ECB's governing council are determined to fulfil our mandate."
The remarks were seen as rubber-stamping speculation that QE will be announced in eight days time.
Germany has consistently opposed any form of QE.
Europe's largest economy fears footing a hefty bill as it would flood euro area governments with cheap finance, allowing them to avoid economic reform.
One other thorn in Mr Draghi's plans is uncertainty over Greece, which could exit the single currency following the country's snap election on 25 January.
Polls suggest the poll could sweep an anti-austerity party to power, thus placing the country's rescue package in jeopardy.
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