Accountability of the European Central Bank

Open Access
Authors
Publication date 01-2019
Journal Ars Aequi
Volume | Issue number 68 | 1
Pages (from-to) 27-37
Organisations
  • Faculty of Law (FdR) - Amsterdam Center for European Law and Governance (ACELG)
Abstract How accountability of its independent central bank has been organised in the European Union is the focus of this contribution. The European Central Bank’s accountability mechanisms (political, administrative and judicial review, auditing, and other means) are explained. They serve to make the central bank responsive to citizens and their representatives for its two main tasks: maintaining price stability (low inflation) and providing financial stability (soundness of the banks in the Euro Area).
Document type Article
Language English
Published at https://arsaequi.nl/product/accountability-of-the-european-central-bank/
Downloads
AA20190027 (Final published version)
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