Professor Rosa Lastra has co-aurthored an article which analyses the ECB mandate in light of its primary objective of price stability along with its secondary objective to support the general economic policies in the Union (Article 127 TFEU)
Professor Rosa Lastra, Sir John Lubbock Chair in Banking Law and Chair the IBFL at the Centre for Commercial Law Studies, has co-authored a new article, along with Professor Kern Alexander (University of Zurich), titled ‘The ECB Mandate: Perspectives on Sustainability and Solidarity’.
This report analyses the ECB mandate in light of its primary objective of price stability along with its secondary objective to support the general economic policies in the Union (Article 127 TFEU), which include employment, growth, climate change, and the quality of the environment, bearing in mind the broader goals of sustainability and solidarity (Article 3 TEU). The pursuit of financial stability directly interacts with the price stability mandate. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs.
The full article is available via the European Parliament website.
