German Finmin Scholz: Court Decision Essentially Backs ECB Purchase Program

German Finmin Scholz: Court Decision Essentially Backs ECB Purchase Program

German Finmin Scholz: Court Decision Essentially Backs ECB Purchase Program
— LSTrade (@LSTrade2) May 5, 2020

Added at 8:24am

German Finmin Scholz: ECB Programme Is Not Monetary Financing Of States After German Court Hands ECB 3-Month Ultimatum To Justify Stimulus Scheme
BUBA Can Take Part In Programme For Time Being
— LSTrade (@LSTrade2) May 5, 2020

Added at 8:25am

German Finance Minister Scholz says they will make a decision on ECB's programme in June
— DailyFX Team Live (@DailyFXTeam) May 5, 2020

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Comment #1
Quote
May 5, 2020 8:30am May 5, 2020 8:30am

barkie
| Joined Mar 2014 | Status: Member | 1647 Comments

hahaha there you go, storm in a tea cup, court backs ECB purchase program, a lot of disappointed EU-haters here now I guess. As usual.

Comment #2
Quote
May 5, 2020 10:13am May 5, 2020 10:13am

nbfx
| Joined Oct 2010 | Status: Member | 1490 Comments

Not exactly

https://uk.reuters.com/article/uk-ec...-idUKKBN22H1SP

Comment #3
Quote
May 5, 2020 10:41am May 5, 2020 10:41am

barkie
| Joined Mar 2014 | Status: Member | 1647 Comments

Quoting nbfx

Disliked

Not exactly https://uk.reuters.com/article/uk-ec...-idUKKBN22H1SP

Ignored

Buddy, the constitution/court won't block anything, and even if it does, we will say "this is not fair you created a mess in 1940 are you gonna screw Europe again, you can't do that". And subsequently they will give in.

You see there are some psychological tricks that always work.

Comment #4
Quote
May 5, 2020 3:31pm May 5, 2020 3:31pm

KamaZ
| Joined Feb 2015 | Status: manual market scalping | 67 Comments

https://www.rte.ie/news/business/2020/0505/1136631-german-court-bond-ruling-hits-southern-european-yields/

Story Stats

Posted: May 5, 2020 8:24am
Submitted by:
Newsstand

Category: Low Impact Breaking News

Comments: 4 / Views: 5,697
Linked event:
GE Constitutional Court Ruling