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Is politics becoming one of the ECB’s biggest problems?

Machiarelli, Corrado (2019), “Is politics becoming one of the ECB’s biggest problems?”, Blogs.lse, June

The number of Eurosceptic parties in the European Parliament is expected to play a role in the future of the Eurozone. Looking at the European election results for the 19 member countries, the Eurosceptics have gained 134 seats out of 751 total seats in the new Parliament, compared to 104 seats in the previous Parliament. The question is however how much influence can anti-establishment parties gain and in what way could the European Central Bank could be affected? Such a question naturally arises amid heightened concerns over central-bank independence in OECD economies.

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