Euro-Rettung gerettet?

Michael Heinrich ()

Wirtschaftsdienst, 2014, vol. 94, issue 8, 594-599

Abstract: The systemic weaknesses of the euro and crisis management activities have not only left traces in political programmes and the political landscape in Germany, but were and are still the subject of constitutional legal disputes. Some important disputes were recently addressed by the judgment of the Second Senate of the Federal Constitutional Court. The Karlsruhe Court remains partial with the continuity of its “Yes, but” decisions that affirm the compatibility of the bailout policy with the Basic Law in principle, but this is linked to compliance with certain provisos. With regard to the ECB’s OMT programme, the judgment contains legal and economic contradictions. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: E52; E58; H63 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10273-014-1720-8

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