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How generous.

But as usual your linked blog post (very self-referential) is off topic.

The ECB is a part of the european government; but hardly the only one. There is the commission, the parliament, the council, the court. The ECB is not even the most powerful part: The council is equal in power, the court more powerful.

So if the EU is sovereign and I think it is, the ECB is one aspect of it. Not more or less.

by IM on Sun Aug 14th, 2011 at 06:30:49 PM EST
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