ECB defends ‘whatever it takes’ scheme in EU court

Report of the opening hearing in the European Court of Justice of Case C-62/14 Gauweiler and Others on the 14 October 2014, in which Peter Gauweiler, a German MP, and other German nationals challenged the European Central Bank's bond buying programme of 2012 (Outright Monetary Transactions).

The plaintiffs had filed their case to the German Constitutional court in Karlsruhe, which in February 2014 referred the case to the European Court of Justice.

ESO: Background information: ECB: Independence at risk? http://www.europeansources.info/record/ecb-independence-at-risk/

ESO: Background information: The German Constitutional Court's ruling on the ECB's bond buying decision http://www.europeansources.info/record/the-german-constitutional-courts-ruling-on-the-ecbs-bond-buying-decision/

ESO: Background information: ECB's Mario Draghi unveils bond-buying euro debt plan http://www.europeansources.info/record/ecbs-mario-draghi-unveils-bond-buying-euro-debt-plan/

ECB: Press: Speeches > By date > 2012 > 26 July 2012: Verbatim of the remarks made by Mario Draghi: Speech by Mario Draghi, President of the European Central Bank at the Global Investment Conference in London 26 July 2012 http://www.ecb.europa.eu/press/key/date/2012/html/sp120726.en.html

ECJ: Information connected to ECJ C-62/14 Gauweiler and Others http://curia.europa.eu/juris/liste.jsf?language=en&td=ALL&num=C-62/14

http://www.euractiv.com/sections/euro-finance/german-eurosceptics-bullish-ecb-court-case-opens-309184 http://www.euractiv.com/sections/euro-finance/german-eurosceptics-bullish-ecb-court-case-opens-309184

Il Fatto Quotidiano, 16.10.14: ECB pushing limits of monetary policy (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE152066-ECB-pushing-limits-of-monetary-policy

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