Furthermore, the Treaty requires that, without prejudice to the objective of price stability, the Eurosystem shall support the general economic policies in the European Community with a view to contributing to the objectives of the Community. The latter include, inter alia, sustainable and non-inflationary growth and a high level of employment.
The Treaty therefore establishes a clear sequence of objectives for the monetary policy of the Eurosystem, with price stability unambiguously being the sine qua non. Such an assignment of tasks to a central bank is nothing extraordinary.