¿Qué clase de unión es ésta?: A vueltas con la saga "Gauweiler"

The constitutionality of the ECB programme of acquisition of public debt of states suffering a fiscal crisis was challenged before the German Constitutional Court, which, in its turn, pose a preliminary question to the European Court of Justice, revolving around the validity of the programme under E...

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Bibliographic Details
Main Author: Menéndez, Agustín José
Format: Article
Language:Spanish
Published: 2019
Subjects:
Economic and Monetary Union
constitutional identity
ultra vires acts
ECB
public debt
Unión Económica y Monetaria
identidad constitucional
control de competencias de la Unión Europea
BCE
deuda pública
Online Access:https://dialnet.unirioja.es/servlet/oaiart?codigo=7010447
Source:Revista española de derecho constitucional, ISSN 0211-5743, Año nº 39, Nº 116, 2019, pags. 269-299
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¿Qué clase de unión es ésta?: A vueltas con la saga "Gauweiler"
Summary: The constitutionality of the ECB programme of acquisition of public debt of states suffering a fiscal crisis was challenged before the German Constitutional Court, which, in its turn, pose a preliminary question to the European Court of Justice, revolving around the validity of the programme under EU law. In this case note, I reconstruct the key arguments put forward in three judicial decisions on the case. It is my claim that the European Court of Justice avoided, instead of tackling, the fundamental questions posed by the guardian of the German Fundamental Law. In particular, the ECJ ignored the key distinction between discretionality in the exercise of conferred powers and discretionality in the elucidation of the powers of an institution, and assumed (on the basis of the prescient arguments of the Advocate General) that the OMT programme was an emergency measure, when in fact it is but the symptom of the collapse of the basic norms framing public power in the Economic and Monetary Union.

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