What do you know about the ECB’s independence?
Who tells the ECB what to do?
Do you know who controls the ECB? And who calls out the central bank if something seems to be wrong? Find out in this quiz about independence and accountability – both are important, because with great power comes great responsibility.
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Accountability
As an EU institution, the ECB is accountable to the people of Europe through the European Parliament. This requirement is laid down in the European Union Treaties.
How is the ECB accountable for its actions?ECB independence
The ECB is not allowed to seek or take instructions from EU institutions or bodies, from any government of an EU Member State or from any other body.
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