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.
Austerity can only be implemented in the shadow of a concentration camp.
by marco - Apr 22 1 comment
by gmoke - Apr 20
by Cyrille - Apr 20 21 comments
by DoDo - Apr 21 5 comments
by Cyrille - Apr 18 32 comments
by Cyrille - Apr 12 35 comments
by ARGeezer - Apr 18 7 comments
by DoDo - Apr 6 39 comments
by marco - Apr 221 comment
by DoDo - Apr 215 comments
by gmoke - Apr 20
by Cyrille - Apr 2021 comments
by ARGeezer - Apr 187 comments
by Cyrille - Apr 1832 comments
by Oui - Apr 163 comments
by Cyrille - Apr 1235 comments
by Cyrille - Apr 86 comments
by DoDo - Apr 639 comments
by aquilon - Apr 3158 comments
by ARGeezer - Mar 3110 comments
by Zwackus - Mar 2910 comments
by DoDo - Mar 279 comments
by Xavier in Paris - Mar 275 comments