Judgment of the Court (Grand Chamber) of 11 December 2018

Proceedings brought by Heinrich Weiss and Others

Request for a preliminary ruling from the Bundesverfassungsgericht

Reference for a preliminary ruling — Economic and monetary policy –– Decision (EU) 2015/774 of the European Central Bank — Validity — Secondary markets public sector asset purchase programme — Articles 119 and 127 TFEU — Powers of the ECB and the European System of Central Banks — Maintenance of price stability — Proportionality — Article 123 TFEU — Prohibition of monetary financing of Member States in the euro area

Case C-493/17


Top of the page Documents in the Case
Document Date Name of the parties Subject-matter Curia EUR-Lex
Judgment (OJ)
01/02/2019 Weiss and Others
Judgment
ECLI:EU:C:2018:1000
11/12/2018 Weiss and Others
EUR-Lex text EUR-Lex bilingual text
Judgment (Summary)
ECLI:EU:C:2018:1000
11/12/2018 Weiss and Others
Opinion
ECLI:EU:C:2018:815
04/10/2018 Weiss and Others
EUR-Lex text EUR-Lex bilingual text
Application (OJ)
10/11/2017 Weiss and Others
View pdf documents
Order
ECLI:EU:C:2017:792
18/10/2017 Weiss and Others
Top of the page Legal analysis of the decision or of the case

Reports of Cases

published in the electronic Reports of Cases (Court Reports - general)

Subject-matter

Information not available

Systematic classification scheme

1.
3 Legal proceedings
  3.04 Reference for a preliminary ruling
    3.04.02 Jurisdiction of the Court of Justice
3 Legal proceedings
  3.04 Reference for a preliminary ruling
    3.04.02 Jurisdiction of the Court of Justice
3 Legal proceedings
  3.04 Reference for a preliminary ruling
    3.04.02 Jurisdiction of the Court of Justice
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
1 The legal order of the European Union
  1.01 Sources of EU law
    1.01.02 General principles of law
      1.01.02.06 Principle of proportionality
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy
4 Internal policy of the European Union
  4.12 Economic and monetary policy
    4.12.02 Monetary policy


Citations of case-law or legislation

References in grounds of judgment

  • TFEU - Protocol No 4 : paragraphs 27, 52
  • TFEU - Protocol No 4 -A12P1 : paragraph 85
  • TFEU - Protocol No 4 -A17 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A18 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A18P1 : paragraphs 69, 146, 153
  • TFEU - Protocol No 4 -A19 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A20 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A21 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A22 : paragraphs 14, 16
  • TFEU - Protocol No 4 -A29 : paragraph 140
  • TFEU - Protocol No 4 -A32P5 : paragraph 99
  • TFEU - Protocol No 4 -A33 : paragraph 99
  • TFEU, Article 3 -P1LC : paragraph 47
  • TFEU, Article 119 : paragraphs 14, 16, 60
  • TFEU, Article 119 -P2 : paragraphs 46, 71
  • TFEU, Article 123 : paragraphs 1, 14 - 16, 107, 159
  • TFEU, Article 123 -P1 : paragraphs 16, 101, 102, 105, 110, 129, 131, 145, 149, 154
  • TFEU, Article 125 : paragraphs 1, 16, 159
  • TFEU, Article 127 -P1 : paragraphs 14, 16, 51, 57, 60, 71
  • TFEU, Article 127 -P2 : paragraphs 14, 16, 49
  • TFEU, Article 130 : paragraphs 49, 60
  • TFEU, Article 263 : paragraph 20
  • TFEU, Article 267 : paragraph 20
  • TFEU, Article 282 -P1 : paragraph 48
  • TFEU, Article 282 -P2 : paragraphs 51, 57
  • TFEU, Article 282 -P3 : paragraphs 49, 60
  • TFEU, Article 282 -P4 : paragraph 48
  • TFEU, Article 296 -L2 : paragraphs 27, 29, 31
  • TEU, Article 3 : paragraph 51
  • TEU, Article 4 -P2 : paragraphs 1, 16, 159
  • TEU, Article 5 -P2 : paragraph 23
  • TEU, Article 5 -P4 : paragraph 71
  • Decision 2015/10 : paragraphs 1, 15, 18, 22, 25, 27, 42, 44, 45, 68 - 70, 73, 86, 90, 100, 101, 104, 129, 136, 137, 144, 145, 148, 156, 158
  • Decision 2015/10 -A01 : paragraph 4
  • Decision 2015/10 -A03 : paragraphs 5, 99
  • Decision 2015/10 -A03P1 : paragraph 121
  • Decision 2015/10 -A03P2 : paragraph 142
  • Decision 2015/10 -A03P3 : paragraphs 120, 121
  • Decision 2015/10 -A03P4 : paragraph 120
  • Decision 2015/10 -A3P5 : paragraph 121
  • Decision 2015/10 -A04P1 : paragraphs 6, 29, 114
  • Decision 2015/10 -A05 : paragraphs 89, 99
  • Decision 2015/10 -A05P1 : paragraphs 7, 124, 141
  • Decision 2015/10 -A05P2 : paragraphs 7, 124, 141
  • Decision 2015/10 -A06 : paragraph 8
  • Decision 2015/10 -A06P1 : paragraphs 97, 120, 164
  • Decision 2015/10 -A06P2 : paragraphs 99, 120, 140
  • Decision 2015/10 -A06P3 : paragraphs 96, 120, 140
  • Decision 2015/10 -A08 : paragraph 126
  • Decision 2015/10 -A09 : paragraph 9
  • Decision 2015/10 -C2 : paragraph 3
  • Decision 2015/10 -C3 : paragraphs 3, 34, 74, 83
  • Decision 2015/10 -C4 : paragraphs 3, 34, 54, 57, 76
  • Decision 2015/10 -C7 : paragraphs 3, 85, 88, 133
  • Decision 2015/48 -C2 : paragraph 10
  • Decision 2015/48 -C3 : paragraphs 10, 85, 133
  • Decision 2015/48 -C4 : paragraph 10
  • Decision 2015/48 -C5 : paragraph 10
  • Decision 2016/8 : paragraph 16
  • Decision 2016/8 -C2 : paragraph 11
  • Decision 2016/8 -C3 : paragraphs 11, 88
  • Decision 2016/8 -C5 : paragraph 11
  • Decision 2017/1 -6 : paragraph 12
  • Decision 2017/1 -C4 : paragraph 12
  • Decision 2017/1 -C5 : paragraph 12
  • Court of Justice - Judgment C -269/90 -N14 : paragraph 30
  • Court of Justice - Judgment C -11/00 -N134 : paragraph 49
  • Court of Justice - Judgment C -380/03 -N108 : paragraph 32
  • Court of Justice - Judgment C -344/04 -N67 : paragraph 32
  • Court of Justice - Judgment C -63/12 -N98 : paragraph 31
  • Court of Justice - Judgment C -63/12 -N99 : paragraph 33
  • Court of Justice - Judgment C -370/12 : paragraph 63
  • Court of Justice - Judgment C -370/12 -N132 : paragraph 103
  • Court of Justice - Judgment C -370/12 -N48 : paragraph 46
  • Court of Justice - Judgment C -370/12 -N49 : paragraph 48
  • Court of Justice - Judgment C -370/12 -N50 : paragraph 47
  • Court of Justice - Judgment C -370/12 -N53 : paragraphs 50, 53
  • Court of Justice - Judgment C -370/12 -N54 : paragraph 51
  • Court of Justice - Judgment C -370/12 -N55 : paragraph 53
  • Court of Justice - Judgment C -370/12 -N56 : paragraph 61
  • Court of Justice - Judgment C -62/14 : paragraphs 63, 94
  • Court of Justice - Judgment C -62/14 -N100 : paragraph 107
  • Court of Justice - Judgment C -62/14 -N101 : paragraph 107
  • Court of Justice - Judgment C -62/14 -N102 : paragraph 107
  • Court of Justice - Judgment C -62/14 -N104 : paragraph 110
  • Court of Justice - Judgment C -62/14 -N108 : paragraphs 66, 130, 152
  • Court of Justice - Judgment C -62/14 -N109 : paragraph 107
  • Court of Justice - Judgment C -62/14 -N110 : paragraphs 64, 130
  • Court of Justice - Judgment C -62/14 -N112 : paragraph 136
  • Court of Justice - Judgment C -62/14 -N113 : paragraph 132
  • Court of Justice - Judgment C -62/14 -N114 : paragraphs 132, 136
  • Court of Justice - Judgment C -62/14 -N116 : paragraph 138
  • Court of Justice - Judgment C -62/14 -N117 : paragraph 135
  • Court of Justice - Judgment C -62/14 -N118 : paragraphs 135, 146
  • Court of Justice - Judgment C -62/14 -N14 : paragraph 19
  • Court of Justice - Judgment C -62/14 -N16 : paragraph 19
  • Court of Justice - Judgment C -62/14 -N29 : paragraph 21
  • Court of Justice - Judgment C -62/14 -N34 : paragraph 46
  • Court of Justice - Judgment C -62/14 -N35 : paragraph 47
  • Court of Justice - Judgment C -62/14 -N36 : paragraph 48
  • Court of Justice - Judgment C -62/14 -N37 : paragraph 49
  • Court of Justice - Judgment C -62/14 -N41 : paragraph 23
  • Court of Justice - Judgment C -62/14 -N42 : paragraph 50
  • Court of Justice - Judgment C -62/14 -N43 : paragraph 51
  • Court of Justice - Judgment C -62/14 -N45 : paragraph 52
  • Court of Justice - Judgment C -62/14 -N46 : paragraph 53
  • Court of Justice - Judgment C -62/14 -N52 : paragraph 61
  • Court of Justice - Judgment C -62/14 -N54 : paragraph 69
  • Court of Justice - Judgment C -62/14 -N66 : paragraph 71
  • Court of Justice - Judgment C -62/14 -N67 : paragraph 72
  • Court of Justice - Judgment C -62/14 -N68 : paragraphs 24, 30, 73
  • Court of Justice - Judgment C -62/14 -N69 : paragraph 30
  • Court of Justice - Judgment C -62/14 -N70 : paragraphs 31, 33
  • Court of Justice - Judgment C -62/14 -N75 : paragraph 91
  • Court of Justice - Judgment C -62/14 -N78 : paragraph 66
  • Court of Justice - Judgment C -62/14 -N95 : paragraph 103
  • Court of Justice - Judgment C -62/14 -N97 : paragraph 106
  • Court of Justice - Judgment C -72/15 -N194 : paragraph 166
  • Court of Justice - Judgment C -156/15 -N56 : paragraph 166
  • Court of Justice - Judgment C -304/16 -N76 : paragraph 32
  • Court of Justice - Opinion C -493/17 : paragraphs 28, 37, 93, 128, 143
  • Court of Justice - Judgment C -25/17 -N31 : paragraph 165

Operative part

  • Validates : Decision 2015/10

Opinion

  • TFEU - Protocol No 4 : point 8
  • TFEU - Protocol No 4 -A17 : points 1, 28, 93
  • TFEU - Protocol No 4 -A18 : points 1, 28, 93
  • TFEU - Protocol No 4 -A18P1 : points 8, 52, 67, 68, 74, 106
  • TFEU - Protocol No 4 -A19 : points 1, 28, 93
  • TFEU - Protocol No 4 -A20 : points 1, 28, 93
  • TFEU - Protocol No 4 -A21 : points 1, 28, 93
  • TFEU - Protocol No 4 -A22 : points 1, 28, 93
  • TFEU - Protocol No 4 -A23 : points 1, 28, 93
  • TFEU - Protocol No 4 -A24 : points 1, 28, 93
  • TFEU - Protocol No 4 -A29 : points 57, 150
  • TFEU - Protocol No 4 -A32P4L2 : point 90
  • TFEU - Protocol No 4 -A33P2 : point 90
  • TFEU, Article 119 : points 1, 5, 25, 28, 37, 93, 153
  • TFEU, Article 119 -P2 : points 38, 50, 74, 98, 99, 102, 110, 124
  • TFEU, Article 123 : points 1, 3, 25, 26, 28, 37, 40, 50, 60, 122
  • TFEU, Article 123 -P1 : points 6, 28, 38, 47, 49, 51, 66, 72, 76, 84, 92
  • TFEU, Article 125 : points 1, 28
  • TFEU, Article 127 : points 1, 7, 25, 37
  • TFEU, Article 127 -P1 : points 28, 38, 50, 74, 93, 98, 99, 102, 110, 113, 124, 153
  • TFEU, Article 127 -P2 : points 28, 93, 153
  • TFEU, Article 282 -P2 : points 50, 98, 110
  • TFEU, Article 296 -L2 : points 138, 148
  • TEU, Article 4 -P2 : points 1, 28, 44
  • TEU, Article 5 -P1 : point 25
  • TEU, Article 5 -P2 : points 94, 153
  • TEU, Article 5 -P4 : points 99, 124, 153
  • TEU, Article 123 : point 44
  • TEU, Article 125 : point 44
  • Regulation 3603/93 : point 52
  • Decision 2009/414 : point 91
  • European Central Bank - Guideline - 32014O0031 -A09 : point 86
  • Decision 2015/10 : points 1, 9, 21, 23, 26, 30 - 33, 37, 39, 41, 43, 58, 60, 66, 78, 80, 83, 90, 92, 93, 108, 130, 132, 138, 139, 143, 148, 149, 151 - 154
  • Decision 2015/10 -A01 : point 10
  • Decision 2015/10 -A03 : points 11, 106
  • Decision 2015/10 -A03P1 : point 23
  • Decision 2015/10 -A03P2 : point 23
  • Decision 2015/10 -A03P2LA : points 86, 119
  • Decision 2015/10 -A03P2LD : point 86
  • Decision 2015/10 -A03P3 : points 23, 69
  • Decision 2015/10 -A03P5 : point 72
  • Decision 2015/10 -A04P1 : points 12, 59
  • Decision 2015/10 -A05 : points 23, 150
  • Decision 2015/10 -A05P1 : point 13
  • Decision 2015/10 -A05P1LB : point 58
  • Decision 2015/10 -A05P2 : points 13, 88
  • Decision 2015/10 -A05P2LA : point 58
  • Decision 2015/10 -A06 : points 14, 23, 43
  • Decision 2015/10 -A06P2 : points 57, 150
  • Decision 2015/10 -A08 : point 15
  • Decision 2015/10 -A08P1 : point 64
  • Decision 2015/10 -A08P2 : point 64
  • Decision 2015/10 -C2 : point 16
  • Decision 2015/10 -C3 : points 16, 127
  • Decision 2015/10 -C4 : points 16, 70, 81, 103, 126
  • Decision 2015/10 -C5 : point 141
  • Decision 2015/10 -C6 : point 74
  • Decision 2015/10 -C7 : point 141
  • Decision 2015/33 : point 83
  • Decision 2015/33 -C2 : point 17
  • Decision 2015/33 -C3 : point 17
  • Decision 2015/48 : points 31, 32, 83
  • Decision 2015/48 -C2 : points 18, 103
  • Decision 2015/48 -C3 : point 18
  • Decision 2015/48 -C4 : point 18
  • Decision 2015/48 -C5 : point 18
  • Decision 2016/8 -A01 : point 43
  • Decision 2016/8 -C2 : point 19
  • Decision 2016/8 -C3 : point 19
  • Decision 2016/8 -C4 : point 19
  • Decision 2016/8 -C5 : point 19
  • Decision 2016/16 : point 22
  • Decision 2016/18 : points 31, 57, 87
  • Decision 2016/948 : point 22
  • Decision 2017/1 : points 31, 32
  • Decision 2017/1 -C3 : point 20
  • Decision 2017/1 -C4 : point 20
  • Decision 2017/1 -C5 : point 20
  • Decision 2017/1 -C6 : point 20
  • Commission - COM Document (Draft Legislation) - 52018PC0433 : point 91
  • Court of Justice - Judgment C -133/93 -N43 : point 81
  • Court of Justice - Judgment C -415/93 -N65 : point 40
  • Court of Justice - Judgment C -248/95 -N46 : point 37
  • Court of Justice - Judgment C -301/97 -N135 : point 116
  • Court of Justice - Judgment C -301/97 -N153 : point 123
  • Court of Justice - Judgment C -189/01 -N84 : point 81
  • Court of Justice - Judgment C -241/01 -N37 : points 37, 80
  • Court of Justice - Judgment C -491/01 -N40 : point 36
  • Court of Justice - Judgment C -247/08 -N49 : point 37
  • Court of Justice - Judgment C -343/09 -N28 : point 116
  • Court of Justice - Judgment C -399/11 -N29 : point 42
  • Court of Justice - Judgment C -370/12 : points 95, 97
  • Court of Justice - Judgment C -370/12 -N53 : point 96
  • Court of Justice - Judgment C -370/12 -N55 : point 97
  • Court of Justice - Judgment C -370/12 -N56 : point 98
  • Court of Justice - Judgment C -370/12 -N57 : point 121
  • Court of Justice - Judgment C -62/14 : points 3, 4, 35, 38, 48, 67, 95, 97, 100, 105, 106, 112
  • Court of Justice - Judgment C -62/14 -N102 : points 38, 51
  • Court of Justice - Judgment C -62/14 -N106 : points 55, 59
  • Court of Justice - Judgment C -62/14 -N107 : point 59
  • Court of Justice - Judgment C -62/14 -N109 : point 50
  • Court of Justice - Judgment C -62/14 -N110 : point 121
  • Court of Justice - Judgment C -62/14 -N115 : point 51
  • Court of Justice - Judgment C -62/14 -N117 : point 85
  • Court of Justice - Judgment C -62/14 -N118 : point 67
  • Court of Justice - Judgment C -62/14 -N125 : point 73
  • Court of Justice - Judgment C -62/14 -N14 : point 35
  • Court of Justice - Judgment C -62/14 -N16 : point 35
  • Court of Justice - Judgment C -62/14 -N25 : point 42
  • Court of Justice - Judgment C -62/14 -N28 : point 40
  • Court of Justice - Judgment C -62/14 -N29 : point 36
  • Court of Justice - Judgment C -62/14 -N41 : point 94
  • Court of Justice - Judgment C -62/14 -N42 : point 96
  • Court of Justice - Judgment C -62/14 -N46 : point 97
  • Court of Justice - Judgment C -62/14 -N52 : point 98
  • Court of Justice - Judgment C -62/14 -N56 : point 112
  • Court of Justice - Judgment C -62/14 -N57 : point 112
  • Court of Justice - Judgment C -62/14 -N58 : point 112
  • Court of Justice - Judgment C -62/14 -N59 : points 98, 110, 112
  • Court of Justice - Judgment C -62/14 -N66 : points 38, 99, 124
  • Court of Justice - Judgment C -62/14 -N68 : points 114, 125
  • Court of Justice - Judgment C -62/14 -N69 : points 101, 125
  • Court of Justice - Judgment C -62/14 -N70 : point 132
  • Court of Justice - Judgment C -62/14 -N75 : point 152
  • Court of Justice - Judgment C -62/14 -N95 : point 49
  • Court of Justice - Judgment C -62/14 -N96 : points 52, 74
  • Court of Justice - Judgment C -62/14 -N97 : point 50
  • Court of Justice - Judgment C -69/14 -N14 : point 42
  • Court of Justice - Judgment C -128/15 -N46 : point 116
  • Court of Justice - Opinion C -528/16 : point 82
  • Court of Justice - Opinion C -528/16 -N140 : point 82
  • Court of Justice - Opinion C -673/16 : point 82
  • Court of Justice - Judgment C -5/16 -N150 : point 116


Dates

Date of the lodging of the application initiating proceedings

  • 17/08/2017

Date of the Opinion

  • 04/10/2018

Date of the hearing

Information not available

Date of delivery

11/12/2018


References

Publication in the Official Journal

Judgment: OJ C 65 from 18.02.2019, p.14

Application: OJ C 402 from 27.11.2017, p.9

Name of the parties

Weiss and Others

Notes on Academic Writings

  1. Müller-Graff, Peter-Christian: Bank- und Kapitalmarktrecht: Anleihenkaufprogramm der EZB zulässig, Europäische Zeitschrift für Wirtschaftsrecht 2019 p.172-173 (DE)
  2. Ludwigs, Markus: Das PSPP-Urteil des EuGH als Provokation der Eskalation, Europäisches Wirtschafts- & Steuerrecht - EWS 2019 p.1 (DE)
  3. Heide, Fabian: Anmerkung, Juristenzeitung 2019 N°6 p.305-310 (DE)



Procedural Analysis Information

Source of the question referred for a preliminary ruling

Bundesverfassungsgericht - Germany

Subject-matter

  • Economic and monetary policy
  • - European Central Bank (ECB)
  • - Euro

Procedure and result

  • Reference for a preliminary ruling
  • Reference for a preliminary ruling : dismissal on grounds of inadmissibility

Formation of the Court

grande chambre (Cour)

Judge-Rapporteur

Bay Larsen

Advocate General

Wathelet

Language(s) of the Case

  • German

Language(s) of the Opinion

  • French