In Germany, ECB purchases of bonds issued by Greece and other periphery countries are widely thought to constitute monetary financing of profligate governments, in violation of the treaty under which the ECB was established. The German Constitutional Court believes that the OMT scheme exceeds the ECB’s mandate, though it has temporarily tossed that political hot potato to the European Court of Justice.
这一方案在欧元区债权国并不受支持。在德国，欧洲央行购买希腊和其他外围国发行的债券的操作被广泛认为是向放纵政府提供货币融资，违反了欧洲央行据以建立的条约。德国宪法法院认为，直接货币交易超越了欧洲央行的权限范围，尽管它暂时地把这个烫手的政治山芋抛给了欧洲法院。