German Chancellor Angela Merkel, seen during a wreath laying ceremony on May 8, 2020 in Berlin, Germany, called for a wise response to the court's ruling.Chancellor Angela Merkel told senior party officials on Monday that a ruling by Germany’s Constitutional Court taking aim at a European Central Bank stimulus program is “solvable” if the bank explains the plan, two participants at the meeting said.
Merkel told Monday’s meeting of top officials from her Christian Democrats it was understandable that the European Commission had stressed that national courts cannot call the rulings of the European Court of Justice into question, the participants said.Merkel called for a “wise” response to the ruling, which she said was of great significance, the participants said.
ECB policy-makers regularly appear in the European and national parliaments, but accepting political interference in monetary policy matters would be anathema to the central bank, for whom independence is sacrosanct.
globebusiness She'll find a way around German law, as a German politician.
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