Our exchange today, and the regular dialogue between our two institutions, will feed into the European Parliament resolution on the ECB Annual Report. This is very important for us because we want to make sure that we deliver on the democratic mandate that was conferred upon the ECB.
The ECB is independent so that it can act in line with this mandate, without political interference. And it is democratically and legally accountable to ensure that it does act in line with this mandate. As is customary, today we are also publishing our feedback concerning your resolution on our previous Annual Report.