How a central bank created to exist apart from politics got drawn into bitter political arguments. In September, the European Central Bank announced that it had taken decisions on a “number of technical features regarding the Eurosystem’s outright transactions in secondary sovereign bond markets.” The ECB did all it could to make these decisions sound ...

The relationship between Council and Parliament within the codecision procedure involves a plethora of informal and semi-formal meetings in which many of the real decisions about legislation are taken, with little scope for public oversight. In the light of the current debate on the future of European Union, the report will address the question what ...