The ruling of the Federal Constitutional Court concerning the public sector purchase program : a practical way forward

Helmut Siekmann, Volker Wieland

This paper summarizes key elements of the German Federal Constitutional Court's decision on the European Central Bank's Public Sector Asset Purchase Programme. It briefly explains how it is possible for the German Court to disagree with the ruling of the Court of Justice of the European Union. Finally, it makes suggestions concerning a practical way forward for the Governing Council of the ECB in light of these developments.

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Year of publication:	2020
Authors:	Siekmann, Helmut ; Wieland, Volker
Publisher:	Frankfurt am Main : Institute for Monetary and Financial Stability, Goethe University Frankfurt
Subject:	Verfassungsgericht \| Constitutional court \| Rechtsprechung \| Court decisions \| Zentralbank \| Central bank \| EU-Europäisch \| EU-European \| Öffentliche Anleihe \| Public bond \| Offenmarktpolitik \| Open market operations \| Quantitative Lockerung \| Quantitative easing \| Deutschland \| Germany

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Extent:	1 Online-Ressource (14 Seiten)
Series:	Working paper series / Institute for Monetary and Financial Stability. - Frankfurt am Main : Johann Wolfgang Goethe-Univ., ZDB-ID 2527683-9. - Vol. no. 140 (2020)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Notes:	Gesehen am 18.06.2020
Other identifiers:	hdl:10419/217232 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012214911