Fundamental Rights in the Core Business of the ECB: No Issue?!

Bolsinger, Harald J.

doi:10.1007/978-3-030-55450-7_3

Cited by 2 publications

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“…169 In line with this ruling, Bolsinger argues that: 'Compliance with EU Fundamental Rights must be specifically included into the eligibility criteria for ECB owned assets'. 170 In his view, nonetheless, the European Commission and the European Parliament have not successfully enforced this obligation. In terms of judicial enforcement, Article 35 of the Statute of the European System of Central Banks and of the European Central Bank stipulates that 'the acts or omissions of the ECB' are subject to judicial review of the CJEU.…”

Section: Implications For the Right To A Healthy Environmentmentioning

confidence: 99%

Secondary objectives of the European Central Bank and economic growth: A human rights perspective

Kılıç

2022

Leiden Journal of International Law

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This article focuses on the correlation between the secondary objectives of the European Central Bank (ECB) and the right to a healthy environment. Whereas the primary mandate of the ECB is maintaining price stability, the applicable law also envisages secondary objectives, such as supporting economic growth and sustainable development. Crucially, however, there is an emerging scientific literature suggesting a trade-off between economic growth and environmental sustainability. This results in a balancing problem: To what extent environmental protection and sustainability can be balanced with economic growth within the ECB’s monetary policy? This article aims to analyse this issue with a specific focus on legal implications in terms of the right to a healthy environment. This study reveals the failure of the member states to comply with the international obligations under the right to a healthy environment in shaping the law of the ECB.

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Section: Implications For the Right To A Healthy Environmentmentioning

confidence: 99%