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Accountability in Action: The European Parliament’s Assessment of the ECB 2024 Annual Report

Jakob de Haan & Fabian Amtenbrink

Economists' Voice2025https://doi.org/10.1515/ev-2025-0022article
AJG 1ABDC B
Weight
0.37

Abstract

This contribution assesses the report of the European Parliament on the ECB’s activities in 2024. The report concludes that overstepping its secondary objectives touches upon the ECB’s independence. Although it is critical about high inflation, the report does not offer an assessment of the ECB’s delayed response to the inflation hike. The report suggests that the use of asset purchase programmes should be limited to instances of crises, thereby ignoring why central banks introduced these programmes in the first place. According to the report, the decision on whether or not to introduce a digital euro is ultimately a political decision that has to be taken by the EU co-legislators and not by the ECB.

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https://doi.org/https://doi.org/10.1515/ev-2025-0022

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@article{jakob2025,
  title        = {{Accountability in Action: The European Parliament’s Assessment of the ECB 2024 Annual Report}},
  author       = {Jakob de Haan & Fabian Amtenbrink},
  journal      = {Economists' Voice},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1515/ev-2025-0022},
}

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Accountability in Action: The European Parliament’s Assessment of the ECB 2024 Annual Report

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.