Is it a Dance or is it Chicken?
The German Constitutional Court's European Central Bank Ruling
Alter, Karen
Author
aut
Text
xx#
2020
Verfassungsblog
2020-05-13
eng
I cut my teeth studying the German Constitutional Court’s relationship with the European Court of Justice. A recent article in the Financial Times used the metaphor of a dance to explain the GCC’s history of pushing back against the ECJ’s authority. In 2001, I called it a game of chicken. I don’t worry that playing chicken with the ECJ inevitably leads to European disintegration. The GCC’s ECB ruling is, however, the wrong decision issued at the wrong time. Economic policy-makers will and should ignore the ruling, and for this reason I expect the GCC to step back from the brink, once again. But harm is nonetheless being inflicted on a tottering global economy, a fragile European project, and a disintegrating popular support for the rule of law.
CC BY-NC-ND 4.0
Alter, Karen
funded by the government
BVerfG
ECB
monetary policy
Ultra Vires
342
https://staging.verfassungsblog.de/is-it-a-dance-or-is-it-chicken/
Verfassungsblog
2366-7044
Max Steinbeis Verfassungsblog gGmbH
10.17176/20200513-133734-0
200513
10.17176/20200513-133734-0
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