2014-02-15thetrumpet.com

``The ECJ should have no trouble in ignoring EU law and ruling Draghi's actions legal. But Germany's Constitutional Court does not consider the ECJ a higher court. It's essentially said, We think OMT is illegal, but the ECJ is the court directly responsible for EU law, so we'll consider its opinion. If the ECJ says that everything is fine, that will trigger a showdown with Germany's top court, and the ECJ will almost certainly be overruled. It might be much safer for ECJ to rubber stamp the court's decision.''


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread