#PSPP

Very pleased to see this piece by @adam_tooze in support for coronabonds and a coalition of the willing and his explanation for why the @ESM_Press is inadequate in the current

Sebastian Grund

Gunter Krichbaum (@cducsubt) opens the hearing #Bundestag and (rightly) notes that the @BVerfG has created a “dilemma” because has to respect the @ecb’s independence, the @EUCourtPress decision, and the

Sebastian Grund

In case you missed it (I did) - on June 15, the @BVerfG (German Constitutional Court) dismissed a challenge against the @ecb's Corporate Sector Purchase Programme (CSPP): https://www.bundesverfassungsgericht.de/SharedDocs/Entscheidungen

Frederik Ducrozet

ECB: how to spend it.A (long) thread on the implementation of ECB's asset purchases in 2020. Spoiler: maximum flexibility, virtually no limits. (1/n) First, some important caveats. The PEPP is

General Theorist

GeneralTheorist

Don’t start your summer holiday too soon. Mr. Weidmann’s hour has come at last. For while markets are tuned out, decisions taken by Jens Weidmann inside the Bundesbank this weekend—perhaps

Isabel Schnabel

Isabel_Schnabel

This thread is for those of you who don’t find the time to read my #PetersbergSpeech in full. Link to English translation (including slides): https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200627~6009be389f.en.html. Link to orig

This is an odd week in an odd year. Something important happened in Europe this week, and very few people care (even if they should). = THREAD The key problem

A thread, why the breakup of the #Eurozone is a near certainty.The unfortunate fact is that the EZ has been an ill-conceived political project from the beginning. And that's why

Blogdroiteuropéen

blogdroiteurope

Le Conseil d’Etat se refuse d’emboiter le pas au joueur de flûte de Karlsruhe*, par Jacques ZillerA thread http://blogdroiteuropeen.com/2021/04/23/le-conseil-detat-se-refuse-demboiter-le-pas-au-joueur-de-flute-de-karlsruhe-par-jacques

Sebastian Diessner

We hear more and more that one way to defuse the #Karlsruhe–#Luxembourg–#Frankfurt conflict is to travel via #Berlin:Let @bundesbank be more *accountable* to @Bundestag(https://www.reuters.com/article/us-ecb-policy-germany/german-lawmakers-turn-sight

(1/n) Christine Lagarde, Présidente de la BCE, a récemment indiqué qu’« annuler les dettes » des Etats européens après la crise est « totalement impensable ». Essayons de comprendre pourquoi