Sentence examples for the ecb itself from inspiring English sources
The hope is that the ECB itself can do better.
But the board of the ECB itself should start to think about proposing a change.
That, at least, is the concern of some rival central bankers, although the ECB itself is not panicking, yet.
The other is that bank supervision should be handled mainly by national authorities, and not by the ECB itself.
But if the ECB itself were not being paid, that would be a hard line to hold.
The ECB itself had said that a prime cause was a shift into short-term bank deposits, thanks to a flat yield curve and weak stockmarkets.
More significantly, the very viability of the currency is now being called into question even within the councils of the European Monetary Union (EMU), where fears of a euro breakup have reached the point where the European Central Bank (ECB) itself feels compelled to issue a legal analysis of what would happen if a country tried to leave monetary union.
Yet the more the ECB involves itself in managing the crisis, the more it sullies itself with politics.
If the ECB committed itself to make loans available to Ireland at low interest rates, a mechanism entirely within its power, then Ireland would have no serious budget problem.
The ECB by itself has the ability to end this crisis -- by guaranteeing low interest rates on the sovereign bonds of countries such as Spain and Italy -- and member governments would then be able to restore normal economic growth and employment.
"We can only maintain the necessary pressure on politicians when the ECB limits itself to its primary aim of keeping inflation under control and doesn't jump into the breach for fiscal policy... we must set clear boundaries," Weidmann said.
