Presentation of the ECB Annual Report 2023 to the Committee on Economic and Monetary Affairs of the European Parliament – www.ecb.europa.eu

18 Apr, 2024

www.ecb.europa.eu

Introductory remarks by Luis de Guindos, Vice-President of the ECB, at the ECON Committee of the European Parliament

Brussels, 18 April 2024

Introduction

I am pleased to appear before this Committee to present the ECB’s Annual Report for 2023[1], a year in which the ECB consolidated progress in its fight against inflation. As well as assessing economic developments in the euro area in 2023, our Annual Report gives an account of the Eurosystem’s monetary policy and other activities conducted by the European System of Central Banks (ESCB). In response to European Parliament resolutions, it also includes a box explaining how the ECB’s secondary objective is considered in the conduct of the ECB’s monetary policy and reporting activities.

Today we are also publishing our written feedback statement, which provides responses to the European Parliament’s resolution on our previous Annual Report.[2]

In my remarks today, I will start by focusing on the economic outlook for the euro…

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