CLEAN : ECB primes markets for imminent QE

The transcript discusses the European Court of Justice Advocate General's opinion on the outright monetary transaction case, highlighting its significance in the preliminary ruling process. It emphasizes the readiness and legal soundness of OMT, aligning with the mandate to ensure price stability. The Governing Council's decisions are motivated by this mandate, ensuring compliance with EU law, and stressing that the end does not justify all means.

What is the significance of the Advocate General's opinion in the context of the European Court of Justice?

What does the term 'outright monetary transaction case' refer to?

What is the role of the Governing Council in maintaining price stability?

How does the Governing Council ensure compliance with EU law?

What is meant by the phrase 'the end does not justify all means' in the context of the Governing Council's decisions?