European Commission President Ursula von der Leyen said on Sunday that Brussels could launch a sanctions procedure against Germany because the German constitutional court violated the rule of primacy of EU law over national law.
The conflict, which threatens the foundations of the single European currency euro, flared up due to the fact that the Federal Constitutional Court in Karlsruhe on May 5 announced that the purchase of government bonds of EU countries by the European Central Bank (ECB) is a violation of German law. The ECB is acting within the framework of the EU's announced program of the EU's common response to the consequences of the coronavirus crisis.
The European Commission, von der Leyen said, adheres to three main principles: the monetary policy of the Union is a matter of the exclusive competence of the EU; EU law takes precedence over national law; judgments of the European Court of Justice in Luxembourg are binding on all national courts. The European Court of Justice in Luxembourg is on the side of the European Commission.
“We take note of the clear statement of the European Court of Justice of 8 May,” said the head of the EU executive board. — The last word in EU legislation is always spoken in Luxembourg. Nowhere else."
“Now we are analyzing in detail the decision of the German Constitutional Court. And we will consider possible next steps, which may include the option of a sanctions procedure,” said von del Leyen.
“The European Union is a community of values and law that must always be respected and protected. This is what keeps us together,” she said.