Merkel says 'fully supports' ECB after German criticisms

Last month, the ECB announced a range of new policy moves aimed at driving chronically weak inflation in the eurozone back up to economically healthier levelsChancellor Angela Merkel said Thursday that she “fully supports” the independent policies of the European Central Bank, as she sought to downplay recent criticism of the body by fellow Germans. “The ECB has a clear mandate, and that mandate is to ensure price stability,” Merkel told reporters during a visit to the Dutch city of Eindhoven. Last month, the ECB announced a range of new policy moves aimed at driving chronically weak inflation in the eurozone back up to economically healthier levels.

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