[ad_1]
The German Constitutional Court has questioned whether the EU court would have priority over national courts.
The judgments of the Court of Justice of the European Union are binding on all national courts, it said in a statement released on Sunday. Ursula von der Leyen, President of the European Commission, on the ruling of the German Constitutional Court of May 5 on the program of the European Central Bank. In a ruling on Tuesday, the German Constitutional Court set a three-month deadline for the European Central Bank to justify its bond purchase program announced in 2015 to support the economic recovery, otherwise the German central bank will no longer be able to participate .
In a statement, the German chairman of the EU committee emphasized that the decision of the German Constitutional Court puts two aspects of the European Union, the EU’s single currency, the euro system and the European legal system in the spotlight. In this context, he affirmed that the European Commission defends and defends the three principles that the monetary policy of the European Union falls under its exclusive competence, that EU law takes precedence over national law and that the decisions of the Court of Justice they are binding on all national courts. He stated:
The last word on EU law always belongs to the Luxembourg court of the European Union.
He recalled that the role of the European Commission was to ensure the proper functioning of the Eurosystem and the EU legal system. Therefore, the EU committee will begin a detailed analysis of the decision of the German Constitutional Court and examine what steps are necessary in light of its outcome, which may even include the possibility of initiating infringement procedures, he said. “The European Union is a community of values and laws that we must protect at all times. That is what holds us together, that is what we are fighting for, “said Ursula von der Leyen of MTI.
Photo: Olivier HOSLET / EPA / AFP
[ad_2]
