German judges lob a spanner into the EU wheel

A German court has set a bomb under the EU legal order by questioning the European Central Bank’s 2015 programme to buy sovereign bonds. The judges gave German institutions three months’ notice after which if the ECB has not complied with their doctrine, the Bundesbank and other German entities are banned from participating in the quantitative easing programme. It appeared to have taken it upon itself to the role of interpreting this area of EU law; which would pave the way for othe