EU executive takes legal steps against Germany over ECB judgement
Brussels
09-June-2021
The European Commission is taking legal action against Germany for a ruling that challenged EU law supremacy relating to a European Central Bank stimulus programme, it said on Wednesday.
This judgement risked jeopardizing the European Union's legal order, the European Court of Justice (ECJ) - the bloc's top court - had said at the time, DPA reported.
Based on the same reasoning, the commission sent a letter of formal notice to Berlin, arguing that "the judgment of the German Constitutional Court constitutes a serious precedent, both for the future practice of the German Constitutional court itself, and for the supreme and constitutional courts and tribunals of other member states," according to a press statement.
The ruling was the first time the German top court had gone against findings by the ECJ, which had previously declared the multibillion-euro bond-buying programme compliant with EU law.
Germany has two months to respond to the concerns. The commission could ultimately take Germany to the bloc's top court.
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