Mersch stresses importance of democratic legitimacy in Europe
Executive board member at ECB wants to see decision-making process in Europe enhanced
European citizens must be able to hold decision-making accountable at the level at which it is taken, the European Central Bank's Yves Mersch argued on June 29.
The executive board member told the Academy of European Law in Luxembourg that Europe was "not perfect" in its current state, but the vision of a united region was "worth striving for".
This means ensuring democracy functions as well as possible. "Today, we can only elect and sanction at the national level, while decision-making is
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