Tag Archives: fiscal

The German Constitutional Court (Verfassungsgericht) ruled the European Central Bank’s mass bond buying programme is in violation of German law (grundgesetz) and in breach of EU treaties. The ruling, made in Karlsruhe, Baden-Wurtemberg states that the ECB, in purchasing over €2.2 trillion of government bonds since 2015 has “manifestly” flouted EU treaty and exceeded itsContinue reading “The Slow Fuse of Euro Destruction is Burning”