Presentazione della relazione annuale della BCE 2019 alla commissione per i problemi economici e monetari del Parlamento europeo (mediante videoconferenza)
(...) I welcome the opportunity to appear before this Committee today despite the difficult circumstances.
A strong relationship between the ECB and the European Parliament is more important than ever, as Europe is confronted with an extraordinary crisis. In addition to the health emergency, the coronavirus, or COVID-19, pandemic poses severe economic challenges to the euro area. Through exchanges such as this we can demonstrate and explain how EU institutions are acting, within their mandate, to serve the European people in these difficult times.
Today we are publishing the ECB’s Annual Report for 2019, together with the written feedback on your resolution on our previous Annual Report. Since the cut-off date for the Annual Report 2019, the outbreak of the COVID-19 pandemic has had significant effects on the economy and the ECB has taken extraordinary measures in response to this crisis.
Therefore, allow me to focus my remarks on the current economic environment. I am of course also happy to discuss the ECB’s activities in 2019 as covered in the Annual Report, and answer any questions you may have about them.
I will start by presenting the assessment of the economic outlook and the measures taken by the ECB thus far. I will then discuss in more detail the impact of the COVID-19 pandemic on the financial sector, and conclude by examining the role that the EU’s financial agenda could play in the recovery phase. (...)
(...) I welcome the opportunity to appear before this Committee today despite the difficult circumstances.
A strong relationship between the ECB and the European Parliament is more important than ever, as Europe is confronted with an extraordinary crisis. In addition to the health emergency, the coronavirus, or COVID-19, pandemic poses severe economic challenges to the euro area. Through exchanges such as this we can demonstrate and explain how EU institutions are acting, within their mandate, to serve the European people in these difficult times.
Today we are publishing the ECB’s Annual Report for 2019, together with the written feedback on your resolution on our previous Annual Report. Since the cut-off date for the Annual Report 2019, the outbreak of the COVID-19 pandemic has had significant effects on the economy and the ECB has taken extraordinary measures in response to this crisis.
Therefore, allow me to focus my remarks on the current economic environment. I am of course also happy to discuss the ECB’s activities in 2019 as covered in the Annual Report, and answer any questions you may have about them.
I will start by presenting the assessment of the economic outlook and the measures taken by the ECB thus far. I will then discuss in more detail the impact of the COVID-19 pandemic on the financial sector, and conclude by examining the role that the EU’s financial agenda could play in the recovery phase. (...)
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