The European Central Bank and the German Constitutional Court: Police Patrols and Fire Alarms

In May 2020, a ruling of the German Federal Constitutional Court (FCC) questioned the legality of the Bundesbank’s participation in the European Central Bank’s (ECB’s) Public Sector Purchase Programme. Applying elements of a principal-agent analysis, this article analyses how the FCC ruling presents...

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Bibliographic Details
Main Authors: Clément Fontan, David Howarth
Format: Article
Language:English
Published: Cogitatio 2021-05-01
Series:Politics and Governance
Subjects:
Online Access:https://www.cogitatiopress.com/politicsandgovernance/article/view/3888