EU's Almunia calls for respect of ECB independence
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.
"And I think that all of us -- the commission, the council -- should respect this independence and should carefully tell the ECB what we are thinking without putting into question the independence of the ECB," he said.
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