Precisely this from @PeterBofinger … the key to the TPI as @DanielaGabor @PhilippaSigl highlighted is precisely not to claim discretion

Precisely this from @PeterBofinger … the key to the TPI as @DanielaGabor @PhilippaSigl highlighted is precisely not to claim discretion for ECB, as reductive readings suggest, but to embed ECB judgement in a mesh of other non-monetary assessment of fiscal policy. twitter.com/PeterBofinger/…

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