There are some conditions according to the Advocate General at the “unconventional measures”. So there must be a thorough justification and there must be proportionality.
The ECB announced the OMT program in 2012. It gave her the opportunity, if necessary, unlimited bonds of eurozone countries to buy. In practice, the program was not used.
The OMT program was challenged by politicians and economists from Germany.
The judgment of the Court of Justice of the European Union is expected in the fall. The Opinion of the Advocate General is followed in many cases.
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