The Spokesperson of the EU Council interprets Draghi’s announcement as a challenge to Germany
In an interview with Catalonia’s Public Radio Broadcaster, the Spokesperson for the Council of the European Union, Cristina Gallach said that the ECB will offer “unlimited” backing although the Bundesbank “doesn’t want this in any way”. Gallach takes the announcement by the President of European Central Bank, Mario Draghi, as a direct challenge to Germany. Gallach also urged the Catalan Government to clarify Catalonia’s situation in Brussels, stating that the European Institutions have entrenched the message that the autonomous communities are primarily responsible for the Spanish deficit.
Barcelona (ACN).- The Spokesperson for the Council of the European Union, Cristina Gallach, interprets yesterday's announcement by the President of European Central Bank (EBC), Mario Draghi, as a challenge to Germany. Draghi stated on Thursday that the ECB would not intervene unless the European governments officially requested a bailout. In an interview with Catalonia’s Public Radio Broadcaster on Friday, Gallach expressed her conviction that if Spain and Italy requested aid from the rescue fund, the ECB would intervene in the debt market with “unlimited” backing. According to Gallach, Mario Draghi will go ahead if they fulfil the necessary conditions even though “the German representative of the Bundesbank doesn’t want this in any way”. While recognizing that the ECB has disappointed Spain, Gallach considers that Draghi showed “leadership” with respect to Germany.
Cristina Gallach is considered one of the most influential figures in community policy. She was the spokesperson for 14 years for Javier Solana, when he was the EU High Representative for Foreign Affairs and Security Policy and NATOs’ General Secretary. Gallach urged the Catalan Government to explain the economic situation in Catalonia in Brussels, since the European Institutions have embedded the message that the Autonomous Communities are primarily responsible for the Spanish deficit, according to a press release concerning the interview with Francesc Soler on the ‘El matí de Catalunya Ràdio d'estiu’, the summer version of a popular daily radio programme.