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Under attack: Germany says European Central Bank’s quantitative easing illegal
09.02.2014. | Germany is casting doubt on the European Central Bank’s strategy to end Europe’s ‘sterilized’ intervention. Instead of acting unilaterally, it will for the first time pass the decision to the European Court of Justice.
Germany’s constitutional court said the European Central Bank’s bond-buying program- Outright Monetary Transaction (OMT) - “infringes” on the powers of individual......
