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Tag: Jean Claude Trichet

Out of bounds? On the legality of the ECB’s actions in the euro crisis - 20 December 2011 - Analysis

The European Central Bank's policy of buying bonds of indebted eurozone countries is in breach of at least three articles in the EU treaties, argues Markus C. Kerber, professor of Public Finance and Political Economy at the Technology University of Berlin. He led a legal challenge against eurozone bailouts before the German constitutional court.

MEPs rally behind ECB as saviour of euro - 30 August 2011 - News

The European Central Bank has been heralded as the lone saviour of Europe by pursuing a policy of bond purchasing, a measure which has been castigated by analysts and other central bankers as self-destructive.

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