Brussels, 09/07/2008 (Agence Europe) - On Wednesday 9 July, the European Parliament adopted the own-initiative report of Olle Schmidt (ALDE, Sweden) on the activities of the European Central Bank (ECB) in 2007. This decision effectively endorses support for the Frankfurt institution but certain adjustments to the way the ECB works were proposed.
501 votes were in favour of approving the report, 83 votes against, with 78 abstentions. The report highlights the “excellent work” of the ECB...