The draft resolution is in line with our thinking that it is by aiming at the credible pursuit of price stability as its primary objective, and by solidly anchoring medium and long-term inflation expectations, that the central bank will make the best possible contribution to creating an economic environment most conducive to sustainable growth.
Other issues raised in the European Parliament’s draft resolution on the ECB’s Annual Report 2003 Mr President, honourable Members of the European Parliament, let me re-emphasise that the ECB attaches the highest importance to its regular exchanges of views with the European Parliament, which is underscored in the 2003 Annual Report.