Add to ORKGDespite having a positive effect on the economic situation within the Eurozone, the European Central Bank’s Outright Monetary Transactions (OMT) program has proved controversial, with the German Constitutional Court in Karlsruhe recently deeming it illegal under EU law. Paul De Grauwe argues that the ruling reflects a serious misunderstanding of central banking on the part of the German Court, and that the European Court of Justice should reject its conclusions. Failure to do so would undermine the effectiveness of the OMT program and risk reigniting the Eurozone crisis
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In this article, the controversy between the European Court of Justice and the German Federal Consti...
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The European Central Bank’s Outright Monetary Transactions (OMT) programme was a politically-pragmat...
Does the European Central Bank (ECB) have a mandate to do ‘whatever it takes’ to save the Euro? Not ...
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The Eurozone banking and sovereign debt crisis has brought the fragility of the European monetary un...
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One of the most controversial issues during the Eurozone crisis has been the extent to which policie...
Since the financial crisis there have been extraordinary efforts by the European Central Bank to pro...
The European Central Bank has been active since the sovereign debt crisis that struck European Union...
In Gauweiler v. ECB, the German Constitutional Court referred for the first time a case to the Europ...
The European Central Bank has been active since the sovereign debt crisis that struck European Union...
In this article, the controversy between the European Court of Justice and the German Federal Consti...
The relationship between the European Union (EU) and its member states has recently been the subject...
In the ongoing effort to staunch the Euro crisis, last Friday saw the signing of a stringent new fis...
The German Constitutional Court (BVG) recently referred different questions to the European Court of...
The European Central Bank’s Outright Monetary Transactions (OMT) programme was a politically-pragmat...
Does the European Central Bank (ECB) have a mandate to do ‘whatever it takes’ to save the Euro? Not ...
In its meeting on 6 September 2012, the Governing Council of the ECB took decisions on a number of t...
In January 2014, for the first time in its history, the German Federal Constitutional Court submitte...
The Eurozone banking and sovereign debt crisis has brought the fragility of the European monetary un...
A key legal debate in the context of the Eurozone crisis is whether so called ‘Outright Monetary Tra...
One of the most controversial issues during the Eurozone crisis has been the extent to which policie...
Since the financial crisis there have been extraordinary efforts by the European Central Bank to pro...
The European Central Bank has been active since the sovereign debt crisis that struck European Union...
In Gauweiler v. ECB, the German Constitutional Court referred for the first time a case to the Europ...
The European Central Bank has been active since the sovereign debt crisis that struck European Union...
In this article, the controversy between the European Court of Justice and the German Federal Consti...
The relationship between the European Union (EU) and its member states has recently been the subject...
In the ongoing effort to staunch the Euro crisis, last Friday saw the signing of a stringent new fis...
