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German ECB bond-buying judgment leads to EU legal action

( June 9, 2021, 11:31 GMT | Official Statement) -- MLex Summary: German opposition to European Central Bank bond-buying known as the public sector purchase program has led the European Commission to issue a letter of formal notice, the first stage in EU infringement proceedings. A 2020 finding from the German Constitutional Court that the EU's own highest court had acted beyond its powers breached the fundamental EU legal order, the commission said. Statement follows. ...

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