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European Union
Peter Gauweiler and Others v Deutscher Bundestag (C-62/14)
Judgment
Consideration of the questions referre…
Substance
Articles 119 TFEU and 127(1) and (2) T…
–Proportionality
66

Peter Gauweiler and Others v Deutscher Bundestag (C-62/14)

Judgment of 16 Jun 2015law://eu/cjeu/2014/c-62-14/para_66@2026-11-11

66It follows from Articles 119(2) TFEU and 127(1) TFEU, read in conjunction with Article 5(4) TEU, that a bond-buying programme forming part of monetary policy may be validly adopted and implemented only in so far as the measures that it entails are proportionate to the objectives of that policy.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Court: Court of Justice · Grand Chamber
Case: C-62/14 · ECLI:EU:C:2015:400
Decided: 16 Jun 2015
Procedure: Preliminary reference · referred by the Bundesverfassungsgericht (Germany)
Applicants: Peter Gauweiler; Bruno Bandulet and Others and 3 more
Roman Huber and Others; Johann Heinrich von Stein and Others; Fraktion DIE LINKE im Deutschen Bundestag
Defendant: Deutscher Bundestag
Rapporteur: L. Bay Larsen
Advocate General: P. Cruz Villalón
Bench: 15 judges
V. Skouris, K. Lenaerts, A. Tizzano, L. Bay Larsen, T. von Danwitz, A. Ó Caoimh, J.-C. Bonichot, J. Malenovský, E. Levits, A. Arabadjiev, M. Berger, A. Prechal, E. Jarašiūnas, C.G. Fernlund, J.L. da Cruz Vilaça
Language: German
Official: CURIA · EUR-Lex 62014CJ0062

Topics

Euro European Central Bank (ECB)

History · 1 version

16 Jun 2015Reading

Connections

Interprets 1: Treaty on the Functioning of the European Union (consolidated 2016)2 provisions
Cited by 24: KBC Verzekeringen NV v P&V Verzekeringen CVBA (C-286/22); Gestore dei Servizi Energetici SpA - GSE v Erg Eolica Ginestra Srl and Others (C-148/23); Asociaţia 'Forumul Judecătorilor din România' and Asociaţia 'Mişcarea pentru Apărarea Statutului Procurorilor' v Parchetul de pe lângă Înalta Curte de Casaţie şi Justiţie – Procurorul General al României (C-53/23); Banka Slovenije (C-45/21); Banco Cooperativo Español, SA v Single Resolution Board (T-499/20); Norddeutsche Landesbank – Girozentrale v Single Resolution Board (T-407/22); Deutsche Bank AG v Single Resolution Board (T-396/21); Norddeutsche Landesbank – Girozentrale v Single Resolution Board (T-412/21); Landesbank Baden-Württemberg v Single Resolution Board (T-142/22); Norddeutsche Landesbank – Girozentrale v Single Resolution Board (T-403/21); SC Adient Ltd & Co. Kg v Agenţia Naţională de Administrare Fiscală and Agenţia Naţională de Administrare Fiscală – Direcţia Generală Regională a Finanţelor Publice Ploieşti – Administraţia Judeţeană a Finanţelor Publice Argeş (C-533/22); Criminal proceedings against AVVA and Others (C-255/23); DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, formerly DVB Bank SE v Single Resolution Board (T-404/21); DZ Hyp AG v Single Resolution Board (T-395/21); Bayerische Landesbank v Single Resolution Board (T-394/21); Deutsche Kreditbank AG v Single Resolution Board (T-391/21); Landesbank Hessen-Thüringen Girozentrale v Single Resolution Board (T-392/21); DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main v Single Resolution Board (T-390/21); Dexia Crédit Local v Single Resolution Board (T-405/21); Landesbank Baden-Württemberg v Single Resolution Board (T-389/21); Romaqua Group SA v Societatea Națională Apele Minerale and Agenția Națională pentru Resurse Minerale (C-510/22); Fossil (Gibraltar) Limited v Commissioner of Income Tax (C-705/20); Anglo Austrian AAB AG, formerly Anglo Austrian AAB Bank AG and Belegging-Maatschappij 'Far-East' BV v European Central Bank (T-797/19); QI and Others v European Commission and European Central Bank (T-868/16)2 provisions
Cites 5: Treaty on the Functioning of the European Union (consolidated 2016)19 provisions; Treaty on European Union (consolidated 2016)3 provisions; Confederación Española de Empresarios de Estaciones de Servicio v Compañía Española de Petróleos SA (C-217/05); The Queen v Secretary of State for Health, ex parte British American Tobacco (Investments) Ltd and Imperial Tobacco Ltd (C-491/01); Afton Chemical Limited v Secretary of State for Transport (C-343/09)