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Europe Daily Bulletin No. 11336

17 June 2015
Contents Publication in full By article 18 / 31
COURT OF JUSTICE OF THE EU / (ae) ecb
Court of Justice of EU rules OMT programme compatible with treaties

Brussels, 16/06/2015 (Agence Europe) - The 'Outright Monetary Transactions' programme (OMT), announced by the European Central Bank in 2012 but never implemented, which allows sovereign bonds to be purchased on the secondary markets by the European System of Central Banks (ESCB), is compatible with the Treaty on the Functioning of the EU. It does not exceed the competences of the ECB as regards monetary policy and does not infringe the prohibition on monetary financing by the member...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
EXTERNAL ACTION
NEWS BRIEFS