The review is designed to cover all relevant aspects of our monetary policy, in line with our promise not to leave any stone unturned.2 The Governing Council’s deliberations so far have been supported by a tremendous effort by many staff members of the ECB and national central banks, in a genuinely European effort. This collaboration has been organised into 13 workstreams.
We also gathered essential input for the review by holding many outreach events and collecting views from a wide range of stakeholders. We listened to expert audiences like academics and analysts, to politicians, civil society organisations and individual citizens. I greatly appreciate the insightful contributions from the European Parliament throughout the process.