Mr. Mario Draghi’s declaration as the President of the European Central Bank to do “whatever it takes” to preserve the euro amidst the eurozone debt crisis of July 2012 boosted market sentiments.
But asking the ECB to finance adjustment to climate change, to finance demographic transition, to finance infrastructure… that would mean giving a technocratic institution the power to set priorities for public spending, which is the essence of political debate. And some people, sometimes the same people, already accuse the ECB of acting politically!