Second, the BVerfG raised the question whether the OMT programme was not violating the prohibition of monetary financing of Member State. (europeanlawblog.eu)
Lastly, while the techno - utopia stuff is fascinating, and as the world ages, robotics due offer some interesting potentials, what exactly will they be producing, and to whom will they be selling it to, while I do support direct monetary finance (in proportions far more limited that that which has been practiced by the Chinese), I don't suppose lack of ability to consume is a direction the world can walk down, even if we have all the robots in the world to help us to do it. (carnegieendowment.org)
Mr. Draghi added that purchases of longer - dated debt would constitute monetary financing of governments and thus break EU treaties, a person present at the meeting said. (news-to-use.com)