In fact, economic freedom requires a sound legal structure and a law-enforcing system to protect the property rights of owners and enforce contracts in an even-handed manner. The EU Treaty adheres to these ordo-liberal principles. The conduct of monetary policy was made independent.
2  Potter, S. “Trends in Foreign Exchange Markets and the Challenges Ahead”, Remarks at the 2015 FX Week Conference, New York City. Available at <https://www.newyorkfed.org/newsevents/speeches/2015/pot150714>. 3  “Benchmarks“, Bloomberg Summit, 18 November 2015. 4  These recommendations were contained in a report published by the FSB that is available at <http://www.financialstabilityboard.org/wp-content/uploads/r_140930.pdf>.