top eu court backs legality of ecb bond buying
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Top EU court backs legality of ECB bond buying

Arab Today, arab today

Arab Today, arab today Top EU court backs legality of ECB bond buying

The European Central Bank
Luxembourg - DPA

The European Central Bank (ECB) decision in 2015 to buy government bonds was valid and within its mandate, the EU's top court ruled Tuesday.

Moreover, the bond-buying program was not a form of financing public debt - which is prohibited - because it bought bonds on secondary markets, the judges said.

Under the law, it is clear that "the ECB and the central banks of the member states may, in principle, operate in the financial markets by buying and selling outright marketable instruments in euro," the judges wrote in a press release.

Several German lawsuits had challenged the bond purchase programme, which was an attempt to kick-start the eurozone's sluggish economy after the financial crisis. By buying corporate and government bonds, the ECB hoped to lower interest rates as a way of boosting consumption and investment

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

top eu court backs legality of ecb bond buying top eu court backs legality of ecb bond buying

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

top eu court backs legality of ecb bond buying top eu court backs legality of ecb bond buying

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 23:00 2016 Tuesday ,16 August

7 civilians dead as Yemen rocket hits Saudi

GMT 02:13 2017 Sunday ,01 October

April21st-May21st

GMT 05:40 2017 Thursday ,07 September

LAF Commander thanks citizens for their love and trust

GMT 18:20 2016 Thursday ,10 November

HRH The Prince of Wales visits Isa Cultural Centre

GMT 09:50 2017 Sunday ,10 December

China's consumer price inflation slows in November

GMT 05:43 2017 Sunday ,22 January

Etihad Airways to increase Maldives frequency

GMT 11:11 2017 Friday ,17 March

Baby karts launched

GMT 17:34 2016 Thursday ,22 September

Canada schools evacuated over ‘bogus’ bomb threats

GMT 12:16 2016 Friday ,30 December

After open-skies deal, a growth spurt

GMT 14:57 2016 Sunday ,25 September

Financial leaders to debate future policies at WCCRC

GMT 15:02 2017 Saturday ,07 January

Iraq forces near Tigris River in Mosul

GMT 16:55 2016 Sunday ,23 October

Top EU lawmaker tries to save Canada trade pact
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday