期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2016
出版社：European Central Bank
摘要：The Court of Justice of the European Union (CJEU) has most recently assessed the compatibility of European Central Bank (ECB) monetary policy measures with the Treaty framework in its judgement in the Gauweiler case.1 The CJEU held that the ECB must act within the limits of the powers conferred upon it by primary EU law, have a legitimate objective of monetary policy, and use its available instruments for the purpose of implementing that policy. Any monetary policy measures adopted must also be proportionate to the objective of that policy and observe the prohibition on monetary financing laid down in Article 123 of the Treaty on the Functioning of the European Union. Therefore, any monetary policy measure considered for adoption by the ECB must comply with these requirements
