Wednesday 14 January 2015

Europe: Advocate General finds ECB OMT programme compatible with EU law

Advocate General Cruz Villalón, in an opinion for the Court of Justice of the European Union in case C‑62/14, has advised that the European Central Bank's Outright Monetary Transaction programme is compatible, in principle, with EU law: see here. A summary of the opinion, which is not binding on the court, is available here (pdf).

No comments: