From Meghnad Desai, Norman Lamont, David Marsh and Christopher Tugendhat
The FT is on shaky ground in your editorial on the German constitutional court judgment over European Central Bank quantitative easing (‘An infringement action is needed to protect bloc’s legal order‘, FT View 13 May). Your assertion that ‘the German judges chose to disregard treaty obligations, which state that only the European court of justice can adjudicate on whether an EU body has broken EU law’ reflects a misunderstanding.
Read the full letter.
Lord (Meghnad) Desai, a Labour peer, is Emeritus Professor of Economics at the London School of Economics and Political Science, and Chair of the OMFIF Advisers Council. Lord (Norman) Lamont, a member of the UK House of Lords, was UK Chancellor of the Exchequer in 1990-93. He is a member of the OMFIF Advisory Council. David Marsh is Chairman of OMFIF. Lord (Christopher) Tugendhat is a former Vice-President of the European Commission (1981-85).
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