wo years ago a conflict arose between the European Central Bank, ECB, and the Constitutional Court of Germany, BFG (see EuroScientist, 1 June 2020). The BFG had ruled that the German Central Bank could no longer participate in the buying of government bonds by the European Central Bank, ECB, as being contrary to the German Constitution. Read more [...]

The German Constitutional Court has recently expressed itself on the buying up of bonds by the European Central Bank. It has decided that the German Bundes Bank can no longer participate in such a measure unless the European Court of Justice explains why this is justified. Read more [...]