In the past, central banking was shrouded in secrecy with some ‘mystique’ surrounding it. In the recent years, however, there has been greater visibility, transparency and communication. What are the reasons?
The adjustment programmes implemented in recent years in several euro area Member States were an unprecedented answer to an unprecedented crisis. This crisis has affected the lives of millions of EU citizens – hence it is only natural that you, as their directly elected representatives, assess what has happened.