I am cognisant of the importance of being accountable for our actions. I stand before the European Parliament about ten times a year, and we are very active in terms of communication. We stand ready to do more, if our powers were to be strengthened.
In the extraordinary conditions that we are experiencing, it is necessary to see the ECB take a stand beyond monetary policy for matters that cannot be addressed by monetary policy, such as high public deficits, a lack of competitiveness or unsustainable imbalances, especially where financial stability may be at risk. Safeguarding the euro is part of our mandate.