European Central Bank – annual report 2025

Tabled by Rada Laykova, Siegbert Frank Droese

… 130 TFEU; emphasises that independence requires the ECB’s actions to remain apolitical; Added: reiterates that the economic rationale behind Article 123 TFEU and Article 21 of the Statute of the ESCB and of the ECB is to prohibit the ECB from being used, directly or indirectly, to finance government spending by the Member States on the basis of political objectives; calls on the ECB to inform Parliament whether there have already been discussions within the board of the ECB to restart future asset purchase programmes, in order to counteract possible strong increases in interest rates on sovereign bonds caused by the current excessive spending of several Member States and the national escape clause;

Wording as published by the EP, in English. PE782.063v01-00