Ricardo Bordalo Junqueiro (Partner) writes an article for the newspaper Jornal Ecónomico about the ruling by the German Constitutional Court that emerged as an "oxygen balloon" for the legal and political battles of Eurocetic countries.
"Things seemed to be pacifying in the European Union when the BVerfG, the German Constitutional Court, decided to play the role of the drunken friend, who appears at the party without being invited, and ruins it for good.
Let us get to the facts. In 2015, to tackle the financial crisis threatening the eurozone, the ECB launched the ambitious Public Debt Purchase Programme for member states, which Mário Draghi celebrated by declaring that he would do "whatever it takes" to save the single currency."
Read the article here.