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Blue Devil

German Court - Puts Foot in European Union's Rear End - No Bonds For YOU! - Ha!

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German Court - Puts Foot in European Union's Rear End

- No Bonds For YOU! -

 

Experts have warned that a ruling by the German constitutional court on the European Central Bank (ECB) could lead to the breakup of the euro currency.

 

Guntram Wolff, chief of the think tank Bruegel, is one of the experts to sound the alarm over the German court’s ruling, labelling it “dangerous” and saying it affected “the entire EU legal order but also the ECB’s functioning”.

 

The German court rejected earlier this month a programme by the ECB to buy several trillions of euros worth of government bonds to combat inflation, saying the bank would need to prove the bond-buying was necessary and proportionate.

 

If the bank does not prove to the German court that the buying is proportionate within three months, Germany’s central bank, the Bundesbank, will stop purchasing bonds under the ECB’s stimulus programme.

 

“Then we have a full-scale crisis and conflict,” Guntramm Wolff told Swedish broadcaster Sveriges Radio on Tuesday...

 

 

Bu-Bye... EU Fascists.

 

EU-fascist-nazi-cabal-empire-NWO.jpg

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23 minutes ago, Blue Devil said:

German Court - Puts Foot in European Union's Rear End

- No Bonds For YOU! -

 

Experts have warned that a ruling by the German constitutional court on the European Central Bank (ECB) could lead to the breakup of the euro currency.

 

Guntram Wolff, chief of the think tank Bruegel, is one of the experts to sound the alarm over the German court’s ruling, labelling it “dangerous” and saying it affected “the entire EU legal order but also the ECB’s functioning”.

 

The German court rejected earlier this month a programme by the ECB to buy several trillions of euros worth of government bonds to combat inflation, saying the bank would need to prove the bond-buying was necessary and proportionate.

 

If the bank does not prove to the German court that the buying is proportionate within three months, Germany’s central bank, the Bundesbank, will stop purchasing bonds under the ECB’s stimulus programme.

 

“Then we have a full-scale crisis and conflict,” Guntramm Wolff told Swedish broadcaster Sveriges Radio on Tuesday...

 

 

Bu-Bye... EU Fascists.

 

EU-fascist-nazi-cabal-empire-NWO.jpg

There is nothing Fascistic about the EU, and they will work this out.

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6 hours ago, XavierOnassis said:

There is nothing Fascistic about the EU, and they will work this out.

 

The unsubstantiated word of a subversive Academic Communist Malcontent... means even less than very little.

 

Both the UK and Greece think they are a bunch of fuckin' Fascists... and they both are/were IN the EU.

 

 

 

 

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