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According to the Treaty on the Functioning of the European Union, which statement accurately describes the primary objective and institutional independence of the European Central Bank?
A
Under the former Article 105 TEC, the ECB's independence was explicitly limited to monetary policy and did not cover its financial management.
B
The ECB may authorise the issue of the euro only following a joint decision by the European Parliament and the Council.
C
The primary objective is to maintain price stability, and the ECB shall be independent in the exercise of its powers and in the management of its finances.
D
The European Commission holds the exclusive mandate to define and implement Union monetary policy in order to maintain price stability.
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