Speaking to the European Parliament’s economic committee, the nominated president for the European Central Bank Christine Lagarde set expectations high that she will review the ECB’s strategy, prioritize climate change, and improve the ECB’s dialogue with civil society. 

20 years after the creation of the euro and 10 years after the burst of the financial crisis, it is time to carry out a comprehensive review of the monetary policy strategy of the European Central Bank.

Ahead of an important European Council meeting this week, sixteen NGOs led by Positive Money Europe have co-signed an open letter addressed to Donald Tusk demanding a stronger appointment process in line with the independence of the European Central Bank.

Our new report co-written by Sebastian Diessner and Stanislas Jourdan advocates for a stronger role of the European Parliament in holding the European Central Bank to account.

This week the European Parliament will interview the only candidate for the position of chief economist of the European Central Bank. On what basis should Members of the EU Parliament ensure Mr Philip Lane is up to the job?