Do you think the Ecb should provide for its own ratings, as some have suggested? Mr Draghi: No, I do not think that would be right. The creation of an European rating agency could represent a solution if we have no trust in the American rating agencies or in any other. But this task should still not be entrusted to a central bank.
First, although the monetary policy in a conventional sense and financial system policy are usually considered as different policy prescriptions, they become related in a complicated and delicate manner in critical phases.