Benoît Cœuré: Exchange of views on the ECB’s role in the troika Remarks by Mr Benoît Cœuré, Member of the Executive Board of the ECB, before the Economic and Monetary Affairs committee, Brussels, 13 February 2014. *  *  *  Madam Chair, Honourable Members, Let me first of all thank you for your invitation to this exchange of views.
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.