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The German Right To Fiscal Stability And The Counter-Majoritarian Difficulty: The Pspp Judgment Of 5 May 2020, Francesca Bignami
The German Right To Fiscal Stability And The Counter-Majoritarian Difficulty: The Pspp Judgment Of 5 May 2020, Francesca Bignami
GW Law Faculty Publications & Other Works
The PSPP litigation involved the European Central Bank’s (ECB’s) Public Sector Purchase Programme for the purchase of government bonds on the secondary market with the aim, among others, of combating deflation. Although the Court of Justice of the EU (CJEU) found the PSPP lawful, the German Federal Constitutional Court (FCC) disagreed: On May 5, 2020, the FCC held that the CJEU’s judgment was not binding in Germany and that the PSPP was unlawful and required further ECB action to bring it into compliance with German law.
This article contributes to the growing scholarship on the PSPP litigation by analyzing the …
Eu Law In Populist Times: Crises And Prospects, Francesca Bignami
Eu Law In Populist Times: Crises And Prospects, Francesca Bignami
GW Law Faculty Publications & Other Works
EU Law in Populist Times: Crises and Prospects analyzes the sovereignty-sensitive EU law that has emerged over the past decade—in economic policy, human migration, internal security, and constitutional fundamentals (rule-of-law policies to combat democratic backsliding). These are legal areas at the heart of state sovereignty, over which the EU’s prerogatives accelerated following the multiple crises that hit beginning in 2009. They are also EU policies that occupy center stage in the acrimonious debates that have emerged between European establishment parties and populist political forces, precisely because of the huge economic, social, and constitutional stakes involved in reaching into core state …