Sentences with phrase «strictly financial reasons»

Not exact matches

The AG posited, however, two conditions: It is only compatible with the Treaty, if the ECB «refrains from any direct involvement in the financial assistance programs to which the OMT program is linked, and complies strictly with the obligation to state reasons and with the requirements deriving from the principle of proportionality» and provided that the timing of its implementation permits the actual formation of a market price in respect of the government bonds.