Timmy Dooley (Clare, Fianna Fail)
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Question 67: To ask the Minister for Finance if he has held discussions with his EU colleagues on reforming the remit of the European Central Bank to include economic growth as well as price stability; if it will fully publish its board minutes and increase its transparency; and if he will make a statement on the matter. [2707/12]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware, the ECB is independent and its remit is set out in Article 282 of the Treaty. Article 282 (2) states that "The primary objective of the European System of Central Banks shall be to maintain price stability. Without prejudice to that objective, it shall support the general economic policies in the Union in order to contribute to the achievement of the latter's objectives". Currently there are no proposals on the table for reform of the European Central Bank's remit.