Brussels, 13/01/2015 (Agence Europe) - This Wednesday 14 January, the Advocate General of the Court of Justice of the EU, Pedro Cruz Villalón, will return his conclusions (case C-62/14) on the legality of the ECB's 'OMT' programme to buy back sovereign debt of eurozone countries on the secondary market.
This 'Outright Money Transactions' programme, which was devised by the monetary institute in 2012 and which has never been used, essentially aims to counter speculation and prevent an...