TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
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  -