In response to an FT View on 21st April 2016, entitled 'Draghi goes on the offensive against bullying by Berlin'
"The central bank obeys the law, not politicians, he stressed, and its governing council is unanimous in defending its current stance and its independence. It was absurd to portray ECB policy as the product of an Italian president: similar measures have been adopted across the developed world"
Of course the ECB obeys the 'law', except for the times it ignores the law until it can get it changed, slithering through loopholes in the meantime.
But I agree it is totally absurd to portray ECB policy as the product of an 'Italian' president. Clearly ECB policy is the product of a Goldman Sachs president, and of course, 'similar measures have been adopted across the developed world'.