Spikes against US president D. Trump who exerts pressure on Central Federal Bank (FED) To reduce interest rates, the Bank of Greece Governor Giannis Stournaras.
Speaking in the context of Les Rencontres économiques d ‘aix-en-provence 2025, Mr Stournaras said that “with increasing political pressure on some countries to reduce interest rates, coordination between policies (fiscal-monetary) without subjugation of one politician is highly important. independence of central banks and ensure that policy makers are able to fulfill their primary mandate regarding price stability. “
Answering the question of whether the Central Banks’ mission should be revised, Mr Stournaras argued that “the mission of central banks is not consolidated. It is constantly evolving to meet significant challenges and changes in the economic landscape. However, it must be in the base. How we can contribute to economic growth, job creation and citizens’ well -being. “
Referring to the ECB’s monetary policy, Mr Stournaras emphasized that he was unable to achieve Europe’s transformation. For this reason, among other things, a complete “union of savings and investment” is required, it will contribute to more effectively channeling savings through our financial system to productive investment, especially in critical sectors such as energy, defense and innovation, which are our urgent priorities. “
“Europe must be lifted at the height. The ECB is already preparing the digital euro, a project that can enhance the international role of our currency in the digital age. This initiative can increase efficiency, innovation and durability while protecting our currency.”
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.