Germany's Steinbrueck defends 'sacrosanct' ECB

German Finance Minister Peer Steinbrueck insisted Tuesday 30 January that European Central Bank independence was "sacrosanct" amid calls from some politicians for a more accountable ECB.

"The ECB's independence is sacrosanct. There can be no doubt about that," Steinbrueck told the business daily Handelsblatt.

Irish finance minister Brian Cowan also weighed into the debate Tuesday.

'Our position on the ECB is that it's independent, and it has a mandate and a job to do, and it is doing it very wel