European Central Bank – annual report 2023

Tabled by João Pimenta Lopes, Sandra Pereira

Added: 1c. Takes the view that the current socio-economic situation, an inevitable corollary of the ECB’s deciding to make 10 consecutive interest rate rises, shows that the euro deprives states of the monetary, financial, exchange-rate and, to a large extent, budgetary policy instruments with which to promote a form of development that takes account of their specific national realities and the necessary policy responses to the social and economic problems that have arisen;

Wording as published by the EP, in English. PE756.900