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CONSISTENCY AND COHERENCE IN ADJUDICATING THE ECB'S UNCONVENTIONAL MONETARY POLICY
International & Comparative Law Quarterly ( IF 2.000 ) Pub Date : 2021-11-01 , DOI: 10.1017/s0020589321000270
Carsten Gerner-Beuerle 1 , Esin Küçük 2
Affiliation  

Few court cases in the history of European integration have been more controversial than the decisions of the Court of Justice of the EU and the German Federal Constitutional Court on the European Central Bank's public sector asset purchase programmes. This article regards consistency and coherence in the case law as uncontroversial minimum conditions that have to be satisfied for the decisions to gain legitimacy. It assesses the case law against this benchmark and determines the limits of asset purchase programmes under a consistent and coherent application of the legal tests developed by the courts.

中文翻译:

判断欧洲央行非常规货币政策的一致性和连贯性

在欧洲一体化历史上,很少有法庭案件比欧盟法院和德国联邦宪法法院关于欧洲央行公共部门资产购买计划的裁决更具争议性。本文将判例法中的一致性和连贯性视为决策获得合法性必须满足的无争议的最低条件。它根据该基准评估判例法,并在一致和连贯地应用法院制定的法律测试的情况下确定资产购买计划的限制。
更新日期:2021-11-01
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