A large majority of MEPs urged the European Central Bank on Wednesday (16 February) to continue an ultra-loose monetary policy amid warnings that hiking interest rates would damage a post-Covid economic recovery.
The ECB has resisted calls to increase interest rates. But debate among ECB's 27 governing council members representing each EU central bank is sharpening.
And on Wednesday, 569 lawmakers voted in favour of a non-binding annual report to the ECB recommending continuing ...
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Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.