The plenary session of the European Parliament formalised, on Thursday 1 June, certain practices governing interaction between the independent European Central Bank (ECB) and the European Parliament. These practices, which were previously informal, have been gradually implemented to improve the ECB’s transparency and accountability in the area of central banking activities.
The report by Salvatore De Meo (EPP, Italian) on the agreement, in the form of an exchange of letters between the...