ECB’s Cipollone urges removal of Single Market barriers and warns on supply-shock rate hikes
In an interview published on 24 August 2026, ECB Executive Board member Piero Cipollone argues that removing remaining Single Market barriers is essential to strengthen European firms and competitiveness. He also cautions that rate hikes in response to supply-side shocks must be well calibrated, and supports temporary, targeted fiscal measures alongside investment in renewables.
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