At a Legal Roundtable organised by the European Central Bank on 23 February 2021, I spoke briefly on the ECB’s monetary policy mandate in view of climate change and biodiversity loss. This two-page paper was the basis for my contribution. You can find the pdf...
Read MoreThis Op-Ed has been elaborated in a chapter of a book (pdf here) EU Law in Times of Pandemic – the EU’s Legal Response to COVID-19, edited by Dolores Utrilla and Anjum Shabbir to be published by Comares. Introduction The last weeks have seen the eruption of a world-wide pandemic of the COVID-19 virus (‘coronavirus’)....
Read MoreOn 3 February 2020, I gave a presentation on Climate Change and Sustainable Finance at a panel discussion on Climate Change and Sustainable Finance which I co-organised with Heikki Cantell at the annual conference of P.R.I.M.E. Finance. The other panellists were Ida Levine, Salahuddin Manzoor, Jonathan Maphosa, Habib Motani, George Affaki, Heikki Cantell and Jaap Winter. The slides are available here: pdf ...
Read MoreFor the ultimate outcome of the case below see my short summary of 19 January 2020. Summary Pending before the European Court of Justice (ECJ) is a core issue of legal protection against European Union (EU) acts – can a bank itself challenge the withdrawal of its...
Read MoreCase C‑202/18 (Ilmārs Rimšēvičs v Republic of Latvia) and Case C‑238/18 (European Central Bank v Republic of Latvia); Opinion of AG Kokott of 19 December 2018, ECLI:EU:C:2018:1030; judgment of the Court of 26 February 2019, ECLI:EU:C:2019:139. A recent judgment of the ECJ underlined the increasing interweaving of EU...
Read MoreYesterday, a challenge of conditionality did not find favour in the European Court. ‘Conditionality’ is another term for a ‘macro-economic adjustment programme’ that EU Member States have to accept when they receive financial assistance to face down financial stability threats. Greece, Ireland, Portugal, and Cyprus have seen far-reaching policy prescription...
Read MoreLast week saw a confirmation of the powers of the European Central Bank (ECB) to address the crisis with the delivery of the (non-binding) Opinion in a case before the Court of Justice of the European Union (CJEU, or European Court). The Advocate General (AG) confirmed the wide...
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