TY - JOUR U1 - Wissenschaftlicher Artikel A1 - Herzog, Bodo T1 - Judgement of German Federal Constitutional Court (2 BvR 859/15) on the Public Sector Purchase Programme of the ECB: an interdisciplinary analysis JF - European public law N2 - On 5 May 2020, the Federal Constitutional Court of Germany announced in a momentous ruling that the Public Sector Purchase Programme (PSPP) of the European Central Bank (ECB) exceeds European Union (EU) competences. This decision initiated a lively debate in law and economics all over Europe. This article provides a unique interdisciplinary reading of the ruling in order to clarify the line of argument. Considering a cross-disciplinary view enlightens the understanding of the historic judgment. KW - ultra-vires KW - European Court of Justice KW - German Federal Constitutional Court KW - Public Sector Purchase Programme KW - European Central Bank KW - monetary vs. economic policy KW - economic and monetary union Y1 - 2021 UR - https://kluwerlawonline.com/journalarticle/European+Public+Law/27.1/EURO2021032 SN - 1354-3725 SS - 1354-3725 VL - 27 IS - 4 SP - 653 EP - 672 S1 - 20 PB - Kluwer CY - The Hague ER -