Author (Corporate) | European Court of Justice: Press and Information Division |
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Series Title | Press Release |
Series Details | No.2, 2015 (14.01.15) |
Publication Date | 14/01/2015 |
Content Type | News |
The European Court of Justice's Advocate General’s Opinion in Case C-62/14 Peter Gauweiler and Others v Deutscher Bundestag was announced on the 14 January 2015. According to Advocate General Cruz Villalón, the ECB’s Outright Monetary Transactions programme was compatible, in principle, with the TFEU. If the programme was implemented, its compatibility will depend on certain conditions being met. It is important to recognise that the Opinion of the ECJ’s Advocate General Cruz Villalón, is just one stage of the judicial process of the ECJ. The Court as a whole would issue a final ruling in the coming months. That judgment would then be referred back to the German Constitutional Court for their final ruling on the original case brought against the OMT by German nationals. |
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Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2015-01/cp150002en.pdf |
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Subject Categories | Economic and Financial Affairs, Law |
Countries / Regions | Europe |