The COVID19 crisis will have a major impact upon the European Economy. In order to mitigate the effect and restore its transmission channels the European Central Bank (ECB) introduced its Pandemic Emergency Purchase Programme (PEPP). This programme has not been left uncriticised and its legality questioned. Its financial crisis counterpart the Public Asset Purchasing Programme has caused a clash between the German Constitutional Court and the European Court of Justice.
In this episode we will be discussing the legality of the PEPP and the impact upon the ECB's mandate with PhD Candidate Annelieke Mooij. Will the ECB ever be the same?
