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Monetary Dialogue and Public Hearing on systemic risk with President Lagarde

09-06-2020 - 09:30
© European Union 2019 - EP

On 8 June, ECON Committee Members had an exchange of views with President of the European Central Bank, Christine Lagarde, to discuss the latest monetary policy decisions of the ECB Governing Council. This meeting was the second monetary dialogue to take place in 2020, and focused on the economic and financial perspectives at global level and for the euro area, and on the ECB response to the coronavirus crisis aimed at supporting firms and families in the EU in these difficult times.

The Members had the opportunity to ask questions also on the international role of the euro and on ECB standard and non-standard tools aimed at restoring confidence and ensuring the proper transmission of Governing Council monetary policy decisions. Following the Monetary Dialogue, Christine Lagarde exchanged views in her capacity as Chair of the European Systemic Risk Board, to discuss recent measures taken by that body in the context of the coronavirus crisis.