(Frankfurt, Germany) — Frank Elderson, a member of the Executive Board and Vice-Chair of the Supervisory Board of the European Central Bank (ECB) told Dutch newspaper De Volkskrant that price stabilty is not the only objective of monetary policy in the euro zone.
Don’t forget that alongside our primary objective – price stability – there’s also a second objective that we must pursue under the EU Treaties as long as this doesn’t endanger price stability: supporting the economic policies in the European Union. This therefore also applies to the European climate plans agreed on by elected politicians over the past few years.
ECB’s Frank Elderson in an interview with Dutch Newspaper De Volkskrant
The interview was conducted by Jonathan Witteman on January 29, 2024. The interview discusses various topics related to the ECB’s supervisory activities and policies.