ECB Case at High Court The Bundesbank Is Playing a Dangerous Game

With its opposition to the ECB's bond-buying policy, the German central bank is pursuing a risky strategy that may stem in part from a desire to enhance its own power. Germany's Constitutional Court will hold a key hearing on bond buying this week.
Von Peter Bofinger
ECB President Mario Draghi (left) and Bundesbank President Jens Weidmann disagree on bond buying.

ECB President Mario Draghi (left) and Bundesbank President Jens Weidmann disagree on bond buying.

Foto: ALEX DOMANSKI/ REUTERS
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