The German Court’s Unexpected Blow to the ECB
Listen to the Audio Mises Wire version of this article.
Since the beginning of the year, the corona crisis has come to monopolize news coverage to the extent that a lot of very important stories and developments either went underreported or were ignored altogether. One such example was the very surprising ruling that came out of the German Constitutional Court in early May, which challenged the actions and remit of the European Central Bank (ECB).