The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
a) will you at least grant that the court is more powerful
In most policy areas, yes. In economic policy, which is, after all, the area presently under discussion, no. There is no substantial judicial review of ECB policy decisions.
b) will you at least grant that the ECB is the ECB and not the Bundesbank?
De jure, certainly. De facto, I cannot point to a single material difference in policy before the past few days.
c) will you at least admit that the national governments and the council determine the composition of the governing council of the ECB?
Giving the federal republic about as much influence as larger german state had on the Bundesbank?
a) That does not follow from the composition of the board.
b) The BuBa always was a state-within-the-state in Germany, so pointing out that the German government fails to control the BuBa representatives to the ECB board hardly proves that the BuBa is not still a cancerous state-within-the-state.
Now, do you or do you not believe that inflation targeting and central bank independence are moronic policies? Do you or do you not believe that states should be forced to pay interest on their own currency? I'd really like to know if we're even speaking the same language here.
Friends come and go. Enemies accumulate.
by Frank Schnittger - Nov 19 32 comments
by Frank Schnittger - Nov 7 87 comments
by Oui - Nov 20 3 comments
by Frank Schnittger - Oct 25 20 comments
by Cat - Nov 3 20 comments
by gmoke - Oct 31 5 comments
by Frank Schnittger - Oct 28 17 comments
by Oui - Nov 203 comments
by Frank Schnittger - Nov 1932 comments
by Oui - Nov 161 comment
by Oui - Nov 162 comments
by Oui - Nov 89 comments
by Frank Schnittger - Nov 787 comments
by gmoke - Nov 6
by Cat - Nov 320 comments
by gmoke - Oct 315 comments
by Frank Schnittger - Oct 2817 comments
by Frank Schnittger - Oct 2520 comments
by Cat - Oct 2127 comments
by Frank Schnittger - Oct 1779 comments