However, the GCC warned that the ECB decisions on PSPP exceed its EU competences, and as a result Germany should seek to ensure adherence to the European integration agenda, work towards the rescission of acts not covered by the integration agenda and take suitable action to limit the domestic impact of such acts to the greatest extent possible. More specifically, the German government and parliament are required to take steps to ensure the ECB conducts a proportionality assessment, and they have the duty to continue monitoring the decisions of the Eurosystem on the purchases of government bonds under the PSPP and ... (full story)