Since the start of the Euro-currency in 1999 the politics of ECB has been heavily discussed. a) Please name the only strategic objective of ECB. Please also name the operationalisation/ quantification of this strategic objective. 1. Strategic objective of ECB ________________________________ 2. Operationalisation/ measuring by ECB ________________________________ In June 2012 former ECB-president Mario Draghi said that the ECB will do “whatever it takes to preserve the Euro”. b) Please briefly explain the intention of Mr. Draghi by/ behind this statement

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