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EU: European Parliament: European Central Bank: "Independence without democratic scrutiny is dangerous"

12 December 2013

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"The European Central Bank (ECB) has played a key role in fighting the crisis in Europe in recent years, making it important to scrutinise what it is doing. It has been part of the troika of international lenders that manage the bailouts for crisis-stricken EU countries and is preparing to take on the supervision over Europe’s largest banks. On 12 December the European Parliament votes on a report reviewing the ECB’s work in 2012, which is why we asked three MEPs from different groups about it."

See: European Central Bank: "Independence without democratic scrutiny is dangerous" (press release, pdf)

And: European Parliament report on the European Central Bank Annual report for 2012 (A7-0382/13, pdf)

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