The essay aims to investigate the constitutional position got by Ecb in the European Union. After showing storical, political and economic reasons that led to Ecb’s birth, the essay will analyse its unconventional decisions, adopted in response to Eurozone structural leaks, which provoked BVerfG’s reaction. It will be clear, then, that BVerfG impossibility to take the political responsibility to cause the end of euro has led to Ecb’s enlargment of functions that requires the necessity to make the central bank responsible of its decision in front of “politics”.

L’indipendenza della Banca Centrale Europea di fronte a Karlsruhe / E. Sorrentino. - In: DPCE ONLINE. - ISSN 2037-6677. - 48:3(2021), pp. 2899-2950.

L’indipendenza della Banca Centrale Europea di fronte a Karlsruhe

E. Sorrentino
2021

Abstract

The essay aims to investigate the constitutional position got by Ecb in the European Union. After showing storical, political and economic reasons that led to Ecb’s birth, the essay will analyse its unconventional decisions, adopted in response to Eurozone structural leaks, which provoked BVerfG’s reaction. It will be clear, then, that BVerfG impossibility to take the political responsibility to cause the end of euro has led to Ecb’s enlargment of functions that requires the necessity to make the central bank responsible of its decision in front of “politics”.
Central bank independence theory; Ecb’s unconventional monetary policies; Ecb’s accountability; BVerfG 5th may 2020 decision; Ecb’s Schmittian sovereignty
Settore IUS/08 - Diritto Costituzionale
2021
http://www.dpceonline.it/index.php/dpceonline/article/view/1422/1399
Article (author)
File in questo prodotto:
File Dimensione Formato  
document.pdf

accesso aperto

Tipologia: Publisher's version/PDF
Dimensione 519.4 kB
Formato Adobe PDF
519.4 kB Adobe PDF Visualizza/Apri
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/922353
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact