EU's Almunia calls for respect of ECB independence

EU economic and monetary affairs commissioner Joaquin Almunia on Thursday 17 November called on the European Commission and member states to respect the independence of the European Central Bank.

Asked at a press conference to comment on the likely impact of stubbornly high inflation on interest rates, Almunia said: "It is up to the ECB to consider decisions on monetary policy."

The ECB's independence "is a huge asset that has provided us (with) price stability and low interest rates", he added

To continue reading...

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 indvidual account here: