EU INDUSTRY AND MONETARY POLICY
The role of the EIB
EXECUTIVE SUMMARY
CHANGE PROPOSAL FROM THE ECB
2016 June 27
The European Central Bank has proposed a change in the last paragraph of the Executive
Summary, considering that the text should make clear the "the need for the proposal to be fully
in line with the principle of central bank independence".
The Steering Committee of the project fully agrees with this suggestion and, so, it has been
approved a new text for the last paragraph of the Executive Summary:
OLD TEXT
Once the feasibility, value and possible
features of EIB involvement have been
clarified, the major remaining challenge from
the point of view of technical and political
verification is to press ahead with the
discussions and ensure that the ECB takes the
most appropriate decisions.
NEW TEXT
Once the feasibility, value and possible
features of EIB involvement have been
clarified, the major remaining challenge from
the point of view of technical and political
verification is to facilitate the ECB the analysis
and -if that is the case- the corresponding
decisions, with full respect of its institutional
independence.
Tanto desde el punto de vista de contraste
técnico como político, una vez clarificada la
viabilidad, interés y posibles características
de la participación del BEI, el gran reto
pendiente es impulsar la reflexión y las
decisiones oportunas por parte del BCE
Tanto desde el punto de vista de contraste
técnico como político, una vez clarificada la
viabilidad, interés y posibles características
de la participación del BEI, el gran reto
pendiente es facilitar al BCE el análisis y -en
su caso- la adopción de las decisiones que
correspondan, con pleno respeto a su
independencia institucional
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