On Wednesday 8 March, the MEP Fabio De Masi (GUE/NGL, Germany) and the former Greek finance minister, Yanis Varoufakis, presented the European Parliament with a petition to call on the ECB to publish an external legal opinion that it took as its basis to turn off the money tap keeping the Greek banks alive artificially, at the end of June 2015.
“The ECB was not sure [that this decision] was legal. It commissioned a legal opinion of a private legal firm” to find out whether it was...