EU could open legal case against Germany over ECB bond-purchases ruling: Commission

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FILE PHOTO: European Commission President Ursula von der Leyen speaks during a news conference after a video conferenced EU summit with European heads of state to discuss measures related to the coronavirus disease (COVID-19), in Brussels, Belgium April 23, 2020. Olivier Hoslet/Pool via REUTERS/File Photo

BRUSSELS (Reuters) – The European Commission could open a legal case against Germany over a ruling by the country’s constitutional court that the European Central Bank had overstepped its mandate with bond purchases, the EU executive arm said on Sunday.

The German court in Karlsruhe last Tuesday gave the ECB three months to justify its

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EU could open legal case again Germany over ECB bond-purchases ruling: Commission

spike

FILE PHOTO: European Commission President Ursula von der Leyen speaks during a news conference after a video conferenced EU summit with European heads of state to discuss measures related to the coronavirus disease (COVID-19), in Brussels, Belgium April 23, 2020. Olivier Hoslet/Pool via REUTERS/File Photo

BRUSSELS (Reuters) – The European Commission could open a legal case against Germany over a ruling by the country’s constitutional court that the European Central Bank had overstepped its mandate with bond purchases, the EU executive arm said on Sunday.

The German court in Karlsruhe last Tuesday gave the ECB three months to justify its

Read More