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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Format: | Article |
Language: | deu |
Published: |
Springer
2020-07-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-020-2678-3 |