German Court Says Bundesbank Must Ensure That The Bonds Already Purchased And Held In Its Portfolio Are Sold Based On A – Possibly Long-Term – Strategy Coordinated With The Eurosystem.
German Court Says Following A Transitional Period Of No More Than Three Months The Bundesbank May No Longer Participate In PSPP Unless ECB Demonstrates Proportionality
Germany's Top Court Says Decision On PSPP Published Today Does Not Concern Any Financial Assistance Measures Taken By The European Union Or The ECB In The Context Of The Current Coronavirus Crisis