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In this interview, Jacques de Larosière, former Governor of the Bank of France and former member of the committee chaired by Jacques Delors, President of the European Commission, which had the task of studying and proposing the practical stages leading to the gradual establishment of Economic and Monetary Union (EMU), emphasises the advantages that, in his view, the European Central Bank (ECB) draws from its independence from political authority and its price stability policy.
