Why the ECB needs to rethink its role

Kenneth Clarke, a former British chancellor of the exchequer, in this issue calls for the ECB to rethink its role and its communications. His comments should carry considerable weight, as he is probably the leading pro-European and pro-euro politician in Britain, and a former finance minister who has followed the fortunes of the euro and the ECB closely. Central Banking agrees with much of what he says, and we would like to explain why.

A series of developments have brought the question of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.