Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020

Abstract On 5 May 2020, the Federal Constitutional Court (FCC) of Germany ruled that the European Central Bank had overstretched its mandate because its Public Sector Purchase Programme (PSPP) lacked a transparent proportionality analysis. Our author argues that the FCC decision is mild, given the h...

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Bibliographic Details
Main Author: Martin Höpner
Format: Article
Language:deu
Published: Springer 2020-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2678-3