BRUSSELS - The European Commission is unlikely to take immediate legal action against Germany over a ruling by the country’s top court that the European Central Bank has overstepped its mandate with its bond purchases, European Union officials said on Monday.
Ursula von der Leyen, the EU executive’s president, raised the possibility of a lawsuit on Sunday over the constitutional court ruling last week which gave the ECB three months to justify bond purchases under its flagship euro zone stimulus programme or lose the Bundesbank as a participant. “We are touching on the judgment of a national court and the highest court in Germany. So this raises the question of the independence of the judiciary. So we have to be very careful in considering whether or not to launch an infringement procedure,” one of the officials said.
Taking Germany to the CJEU, the EU’s highest court, would not overturn the German court’s ruling anyway, the EU officials said.
I’m shocked to my core 😂🤣 🇬🇧🏴 EU Europe EuropeanUnion Germany uk Brexit guyverhofstadt vonderleyen eucopresident
igeldard Fancy that.
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EU could open legal case against Germany over ECB bond-purchases ruling: CommissionThe 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. We’re the ECB and we’re here to raid Germany’s fiscal capacity for the benefit of the rest of the EU with no accountability and oversight. Good luck Look into the testing and use of Spaceforce-related satellite weapon technology on American Citizens. spacegate
Source: Reuters - 🏆 2. / 97 Read more »
EU could open legal case against Germany over ECB bond-purchases ruling: CommissionThe 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. We’re the ECB and we’re here to raid Germany’s fiscal capacity for the benefit of the rest of the EU with no accountability and oversight. Good luck Look into the testing and use of Spaceforce-related satellite weapon technology on American Citizens. spacegate
Source: Reuters - 🏆 2. / 97 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »