Germany likes to present herself as the good student of Europe, but she is above all the diligent observer of her own rules. It is this posture of the schoolmaster that the Constitutional Court of Karlsruhe adopted by urging the European Central Bank (ECB) to demonstrate within three months that its massive program of State debt purchase (PSPP) n would not have "disproportionate side effects".Adding to the insult, the red dresses of Baden-Württemberg have challenged the supremacy of the European Court of Justice (CJEU). If their apparently technical decision had the effect of a bomb, it is because it weakens both the credibility of the ECB on the financial markets and respect for the rule of law in the European Union. 'Union - Poland or Hungary already drawing from it an argument to challenge European legality.
With common sense, both Chancellor Angela Merkel and central banker Christine Lagarde chose "de-escalation" rather than infringement proceedings
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