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...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2020-07-01
|
| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-020-2678-3 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832572355669393408 |
|---|---|
| author | Martin Höpner |
| author_facet | Martin Höpner |
| author_sort | Martin Höpner |
| collection | DOAJ |
| description | 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 huge discrepancy between the foundations laid in the treaties and the actual monetary operations. |
| format | Article |
| id | doaj-art-8bcb7f365a7844f596ff8cefee03593e |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2020-07-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-8bcb7f365a7844f596ff8cefee03593e2025-02-02T10:27:25ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-07-01100644144510.1007/s10273-020-2678-3Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020Martin Höpner0Max-Planck-Institut für GesellschaftsforschungAbstract 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 huge discrepancy between the foundations laid in the treaties and the actual monetary operations.https://doi.org/10.1007/s10273-020-2678-3 |
| spellingShingle | Martin Höpner Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 Wirtschaftsdienst |
| title | Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 |
| title_full | Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 |
| title_fullStr | Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 |
| title_full_unstemmed | Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 |
| title_short | Karlsruhe Deserves Recognition — On the PSPP Ruling of the Federal Constitutional Court of 5 May 2020 |
| title_sort | karlsruhe deserves recognition on the pspp ruling of the federal constitutional court of 5 may 2020 |
| url | https://doi.org/10.1007/s10273-020-2678-3 |
| work_keys_str_mv | AT martinhopner karlsruhedeservesrecognitiononthepspprulingofthefederalconstitutionalcourtof5may2020 |