JURI-AFCO: Hearing on the Consequences of the Judgment of German Constitutional Court

AFCO JURI
Altiero Spinelli - 1G3
investment court - shutterstock_131896529.jpg investment court - shutterstock_131896529.jpg
investment court - shutterstock_131896529.jpg © European Parliament

On 14 July 2020, the Committee on Legal Affairs and the Committee on Constitutional Affairs held a public remote hearing on the Consequences of the Judgment of 5 May 2020 of the Second Senate of the German Constitutional Court.

On 5 May 2020, the Second Senate of the German Federal Constitutional Court delivered a judgment concerning the implementation in Germany of the bond-buying programme of the ECB known as Public Sector Purchase Programme ('PSPP'). Although this Judgment does not affect the ability of the ECB and the ESCB to continue the implementation of the PSPP, it has put in question the role and the attributions of the Court of Justice in the constitutional architecture of the European Union, as well as, to a certain extent, the principle of supremacy of EU law.

Against this background, the hearing brought together Members of the European Parliament and a number of experts with a view to discussing the legal and constitutional consequences of this Judgment from an EU law perspective.