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European Central Bank president Lagarde speaking in the EU parliament in Strasbourg (Photo: EU Parliament)

MEPs call on ECB to factor in global instability

The EU Parliament has urged the European Central Bank (ECB) to factor geopolitical risks into its monetary policies, including interest rates, as part of its annual report.

The report was adopted by a narrow 61 percent in favour — 378 votes for, 233 against, and 26 abstentions on Tuesday (11 February).

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Author Bio

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.

European Central Bank president Lagarde speaking in the EU parliament in Strasbourg (Photo: EU Parliament)

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Author Bio

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.

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