Wednesday

21st Feb 2018

Ticker

German constitutional court questions ECB's €2tn spending

Germany's constitutional court decided Tuesday to refer a case about the legality of the European Central Bank's (ECB's) Public Sector Purchase Programme to the European Court of Justice for advice. "Significant reasons indicate" that the ECB, led by Mario Draghi, overstepped its mandate and harmed member states' competences with the programme, under which the ECB has purchased bonds since 2015 for more than €2tn to stimulate the eurozone economy.

Analysis

We are not (yet) one people

Talks on the next EU budget will start on Friday. Brussels wants to do much more than before – and needs a lot more money. But arguing about funds won't be enough.

Opinion

Intellectual property protection - the cure for Europe's ills

The European Commission is considering rolling back medical research incentives, on the faulty assumption they are somehow driving higher drug prices. But not only is that premise flawed – the proposed fix will do nothing to benefit ordinary health consumers.

News in Brief

  1. Commission fines car cartels €546m
  2. Juncker: 'nothing' wrong in Katainen meeting Barroso
  3. Juncker appoints new head of cabinet
  4. MEPs decide not to veto fossil fuel projects list
  5. Factory relocation risks drawing Vestager into Italian election
  6. Irregular migration into EU drops to four-year low, says Frontex
  7. Macron's new migrant law faces opposition in parliament
  8. MEPs approve anti-smuggling bill on tobacco

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  12. Macedonian Human Rights Movement Int.Suing the Governments of Macedonia and Greece for Changing Macedonia's Name

Latest News

  1. MEPs bar WMD and killer robots from new EU arms fund
  2. Canete gets EU parliament pension while still commissioner
  3. Bank of Latvia sends deputy to ECB amid bribery probe
  4. We are not (yet) one people
  5. Intellectual property protection - the cure for Europe's ills
  6. Eastern states push back at rule of law conditions on funds
  7. Katainen explains: My friend Barroso did not lobby me
  8. A European budget: securing a prosperous future for Europe