Centre news
06.05.2020

Handelsblatt - ECB Judgment of the Federal Constitutional Court - Further lawsuits likely

In an interview with Handelsblatt, Lucas Guttenberg predicts further lawsuits against the ECB's bond purchases.

"The ECB will provide the justification for its bond purchases," Lucas Guttenberg states in a conversation with Handelsblatt. However, the justification that the Federal Constitutional Court demands from the ECB in its ruling of 5 May 20 will most likely lead to further lawsuits. These could also concern the rescue program in the Corona crisis. "For politicians, this means that they can no longer rely solely on the ECB for the cohesion of the euro zone," Guttenberg told the Handelsblatt.

Full article in German here

Image: CC Luisella Planeta Leoni , Source: Pixabay