Without knowing the future concrete circumstances underlying a decision on the potential activation of the OMT, it is difficult to answer this question. Overall I am a little bit critical about the incentives structure offered by the OMT. I do see some legal questions coming up.
But to get the concrete answers on those questions you need concrete circumstances: the economic conditions; what you buy; how much you buy, mitigating factors like the conditionality etc. WSJ: How important is it that monetary policy decisions are not influenced by the state of the banking system?