EU could open legal case again Germany over ECB bond-purchases ruling: Commission

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The European Commission could open a legal case against Germany over a ruling by the country's constitutional court that the European Central Bank had overstepped its mandate with bond purchases, the EU executive arm said on Sunday.

FILE PHOTO: European Commission President Ursula von der Leyen speaks during a news conference after a video conferenced EU summit with European heads of state to discuss measures related to the coronavirus disease , in Brussels, Belgium April 23, 2020. Olivier Hoslet/Pool via REUTERS/File Photo

The German court in Karlsruhe last Tuesday gave the ECB three months to justify its flagship euro zone stimulus scheme or said the Bundesbank might have to quit it. On Sunday, Commission President Ursula von der Leyen went a step further, saying the EU executive might end up opening a legal case against Berlin.

 

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The end of independent judiciary in Germany 👋🏿👋🏿

you had one job...

ECB/EU. Stick-in-the-boy for Trump / FED.

What a fraud this EU thingy is😆...can you imagine UNELECTED bureaucrats in a contraption called the EU(on behalf of another contraption, the ECB) taking 'legal action' against a sovereign country(Germany) to be arbitrated by another contraption, the ECJ...such a farse!!😂

Ahahah, 🤣🤣🤣 la Von Der L. contro la Germania. Brava Reuters, barzelletta migliore non c'è 😂😂😂

The only thing I've noticed about the European Union is that they've used that organization to terrorize each other.

Dann wacht der deutsche Michel vielleicht auf & kapiert, dass er kein Souverän mehr ist.

Now do the FED.

Gerxit coming soon.......

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