Comments by German constitutional court president, Andreas Voßkuhle
- We are committed to law, justice
- We are seeing that our ruling aggrieves many people, we are not happy about that
- The court decision on QE is a contribution to the dialogue
- The goodness of the decision will become apparent in the medium, long-term
The spat between the two sides continues after the court ruling last week. Much like most things in Europe, expect there to be a lot of verbal confrontation for now before last-minute focus on the issue surfaces in the coming months.
As a reminder, the German court gave the ECB a three-month ultimatum to "fix" its QE program to prove that it is "proportionate" - which the ECB says that it already is.
