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According to the Treaty on the Functioning of the European Union, which statement accurately describes the legal framework governing the European Central Bank’s independence? A The European Parliament and the Council must jointly supervise the ECB’s monetary policy decisions to ensure democratic accountability and respect its operational independence. B The European Commission holds the exclusive authority to authorise the issue of the euro and must coordinate all foreign-exchange operations with the ECB to maintain price stability. C Under Article 127 TFEU, the primary objective of the ECB is to support the general economic policies of the Union, taking price stability as a secondary consideration. D The ECB is independent in the exercise of its powers and in the management of its finances, and Union institutions, bodies, offices, agencies, and Member State governments are legally required to respect that independence.
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