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The German Federal Constitutional Court's Ruling on Outright Monetary Transactions (OMT) – Another Step towards National Closure?
Published online by Cambridge University Press: 06 March 2019
Extract
The German Federal Constitutional Court (FCC) ruling of 14 January 2014 deserves a thorough evaluation on several accounts: It is the first ever reference by the FCC to the Court of Justice of the European Union (CJEU), it represents a continuation of FCC case law aimed at restricting the impact of European Union law as interpreted by the Court of Justices of the European Union (CJEU) on German law as well as questioning Germany's participation in an ever closer European Union, and it has the potential to dictate the future course of the EU's Economic and Monetary Union (EMU).
- Type
- Research Article
- Information
- German Law Journal , Volume 15 , Issue 2: Special issue - The OMT Decision of the German Federal Constitutional Court , 01 March 2014 , pp. 329 - 342
- Copyright
- Copyright © 2014 by German Law Journal GbR
References
1 Bundesverfassungsgericht [BVerfG – Federal Constitutional Court], Case No. 2 BvR 2728/13 et al, (Jan. 14, 2014), http://www.bverfg.de/entscheidungen/rs20140114_2bvr272813en.html. All references to the ruling and the dissenting opinion use the paragraph numbers established in this internet publication by the FCC.Google Scholar
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48 Id. at para. 101.Google Scholar
49 Id. at para.45.Google Scholar
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53 Id. at para. 20 (dissenting opinion).Google Scholar
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