Complaints Season Not Over Yet: Legal Disputes about Bond-Buying in the Euro Area
Complaints Season Not Over Yet: Legal Disputes about Bond-Buying in the Euro Area
Author(s): Sebastian Płóciennik
Subject(s): Politics, Economic policy, International relations/trade, Financial Markets, Fiscal Politics / Budgeting
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Euro; financial markets; policy; Bond-Buying; Euro Area; PEPP;
Summary/Abstract: In response to the judgment of the German constitutional court (BVG) in May questioning the purchase of government bonds in the euro area launched in 2015, the European Central Bank (ECB) provided explanations through the Bundesbank, which the German government and parliament considered sufficient. The dispute, however, is hardly over. Critics of the central bank’s actions intend to file further complaints, this time against the pandemic programme PEPP.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2020
- Language: English
- Content File-PDF