Fundamental Rights in the Core Business of the ECB: Still No Issue! – Experience with the EU petition 429/2017 – Part II
- The European Union petition 0429/2017 wants to make the European Central Bank apply the EU Charter of Fundamental Rights in their whole core business consequently. The petition has been brought forward by Harald J. Bolsinger from Germany. In this second article, he describes backgrounds and developments around the petition until the beginning of 2023. The petition, submitted on May 8, 2017, addressed the investment policy of the ECB. Audits of violations of EU Fundamental Rights, it claimed, should be specifically included into the eligibility for EU-owned assets. As Bolsinger explains, the ECB is still involved in violations of the Charter of Fundamental Rights of the European Union through possession and trading of ethically very questionable assets.