Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-252-000"

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"en.20110607.23.2-252-000"2
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"The European Central Bank (ECB) is certainly independent, and not only is its independence recognised by the Treaty – so it is therefore legal and Treaty-based independence – but I can also tell you that I have had some seven years’ experience in this position, dealing very frequently with the ECB and being present on many occasions when the ECB has shown it does not need our support to affirm its independence. I want to reassure you on that point. Regarding the issue of restructuring, various options are, as you know, under analysis. We are considering the whole debate, but the position of the Commission has already been clearly stated: we believe that the restructuring is not an alternative to the efforts that Member States have to make in terms of fiscal consolidation and structural reform. That has been our consistent position and we will maintain it."@en1
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