The German Federal Constitutional Court's ruling on Outright Monetary Transactions (OMT) – Another step towards national closure?
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Date
2014
Authors
Schiek, Dagmar
Journal Title
Journal ISSN
Volume Title
Publisher
Cambridge University Press
Published Version
Abstract
The German Federal Constitutional Court (FCC) ruling of 14 January 2014 deserves a thorough evaluation on several accounts: It is the first ever reference by the FCC to the Court of Justice of the European Union (CJEU), it represents a continuation of FCC case law aimed at restricting the impact of European Union law as interpreted by the Court of Justices of the European Union (CJEU) on German law as well as questioning Germany's participation in an ever closer European Union, and it has the potential to dictate the future course of the EU's Economic and Monetary Union (EMU).
Description
Keywords
EU law , Economic and Monetary Union (EMU) , German Federal Constitutional Court (FCC) , Court of Justice of the European Union (CJEU) , Outright Monetary Transactions (OMT)
Citation
Schiek, D. (2014) 'The German Federal Constitutional Court's Ruling on Outright Monetary Transactions (OMT) – Another Step towards National Closure?', German Law Journal, 15(2), pp. 329-342. doi: 10.1017/S2071832200002972