German Judge Says ECB Must Be Accountable

The video discusses the conflict between the European Central Bank (ECB) and the German court, highlighting the tension between national legislation and European institutions. It explores the issue of accountability, questioning who the ECB should respond to. The ECB's potential response to the German court is debated, with some members suggesting a quick presentation, while others question the court's authority. The video concludes with a statement on EU institutions' accountability, emphasizing the role of the European Court of Justice.

What is the main issue causing tension between the ECB and the German court?

• The ECB's monetary policy decisions

• The accountability of European institutions

• The role of the German central bank

• The power of the European Court of Justice

What is the ECB's initial approach to addressing the German court's concerns?

• Consulting with other EU countries

• Preparing a detailed report

• Ignoring the court's inquiries

• Sending a quick presentation

What internal debate is occurring within the ECB regarding the German court's questions?

• Whether to involve the European Court of Justice

• Whether to provide answers directly to the German court

• Whether to change their monetary policy

• Whether to collaborate with other national banks

According to key European institutions, who should hold EU institutions accountable?

• National courts

• The German central bank

• The European Parliament

• The European Court of Justice

What could happen if a country does not adhere to the accountability guidelines set by the EU?

• The country could be fined by the ECB

• The country could lose its EU membership

• The country could be considered as breaking the law

• The country could face economic sanctions