ECJ (Judgment) Non-contractual liability – Economic and monetary policy – ECB – National central banks – Restructuring of Greek public debt – Securities purchase program – Securities exchange agreement for the benefit of the Eurosystem central banks alone – Sector involvement Private partnership – Collective action clauses – Credit enhancement in the form of a buy-back program to support the quality of securities as collateral – Private creditors – Commercial banks – Sufficiently serious breach of a rule of law conferring rights To individuals – Legitimate expectations – Equal treatment
Citations:
T-749/15, [2017] EUECJ T-749/15, ECLI:EU:T:2017:21
Links:
Jurisdiction:
European
Banking
Updated: 29 January 2022; Ref: scu.573736