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Hard
According to the Treaty on the Functioning of the European Union, which statement correctly identifies the primary objective and legal status regarding independence of the European Central Bank?
A
The primary objective is to promote economic growth, and its independence was originally established under the former Article 105 TEC.
B
The primary objective is to maintain price stability, and the Bank shall be independent in the exercise of its powers and management of its finances.
C
The primary objective is to coordinate fiscal policies, and the European Council shall ensure its independence from national governments.
D
The primary objective is to maintain price stability, and its independence is explicitly guaranteed under Article 126 of the TFEU.
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