In particular, the decision to supply liquidity in full allotment mode and to purchase securities. 14. But the decision to buy bonds was particularly delicate because of criticism in Germany, worried by any form of debt monetisation, and because it exposed divisions in the Governing Council.
Your detractors level an unfair accusation against you: they claim that you will be remembered as the President who caused the bank to lose its independence. I have just returned from the European Parliament and I can tell you that our decisions were commented on favourably by the members of Parliament, as all journalists could see.