Home › Practice › EU Knowledge EU Knowledge Hard
According to the Treaties, which statement accurately describes the legal framework governing the European Central Bank’s mandate and institutional independence? A The ESCB’s primary objective is to support the general economic policies of the Union, while the ECB’s independence is explicitly subject to the oversight of the Council and the European Parliament. B The Council must jointly define and implement monetary policy with the ECB to ensure alignment with the Union’s economic objectives, while the ECB maintains operational independence in foreign-exchange operations. C The ECB is independent in the exercise of its powers and management of its finances, and its primary objective is to maintain price stability, while supporting the Union’s general economic policies without prejudice to that objective. D The ECB must obtain prior authorization from the European Parliament before defining monetary policy, ensuring democratic accountability, while its primary objective remains price stability.
Select an option first More EU Knowledge questions