A Legal Analysis of the ECB's OMT Program to Combat the Debt Crisis.

The article presents a legal analysis of the European Central Bank's (ECB's) Outright Monetary Transactions (OMT) programme which is designed to combat a European debt crisis, and it mentions the legislative measures that were adopted by the European Union (EU) in response to a fiscal crisis in 2011. EU laws and government bonds are mentioned, along with the EU's monetary policy and legal challenges before the Constitutional Court of Germany.