• ECB's Governing Council member Makhlouf: German Constitutional Court ruling doesn’t actually get in way of ECB carrying on with its incredibly important job

Market news

7 May 2020

ECB's Governing Council member Makhlouf: German Constitutional Court ruling doesn’t actually get in way of ECB carrying on with its incredibly important job

  • German court ruling looks as if it runs counter to what European Court of Justice indicated just over a year ago but ECB itself acts very transparently
  • There will not be impact from ruling on ECB's actions to ensure there is adequate liquidity throughout the eurozone

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