Speech by Christine Lagarde, President of the ECB, at the plenary session of the European Parliament

Strasbourg, 10 February 2025

It is a great pleasure to take part in this plenary session and discuss your draft resolution on the ECB’s Annual Report.

At the ECB, we are deeply committed to transparency and accountability, particularly in how we communicate with the public and their elected representatives in the European Parliament. In fact, in the last parliamentary term we interacted with this Parliament even more frequently than in previous terms.^[1]

At the same time, we greatly value the opportunity to hear the Parliament’s views. Your resolution and debate are an important pillar of the ECB’s accountability framework and a key channel for you to share your views with us – and we listen. For instance, next week will mark ten years since the ECB started publishing the accounts of the Governing Council’s monetary policy meetings^[2], a major step in enhancing our monetary…