Expert Statement by ZEW President Clemens Fuest Before the Federal Constitutional Court

ZEW President Prof. Clemens Fuest delivered an expert statement for the oral hearing in the ESM/ECB principal proceedings before the Federal Constitutional Court regarding the European Central Bank’s policy to meet the euro crisis on June 12, 2013.

In yesterday’s hearing in Karlsruhe, experts in monetary and fiscal policy were heard by the Justices of the Second Senate. The experts’ statements addressed the ECB’s bond purchase programme. The statement delivered by ZEW President Prof. Clemens Fuest is available for download.