About: european stability mechanism

Transparency International: German criticism of ECB ‘a tad dishonest’
As Germany prepares for general elections in September, Leo Hoffmann-Axthelm reminds about Berlin’s responsibility in the politicisation of the European Central Bank (ECB), saying it is largely due to German inaction during the Eurozone crisis.![Werner Hoyer is president of the European Investment Bank (EIB). [The Council of the European Union]](https://www.euractiv.com/wp-content/uploads/sites/2/2014/06/hoyer.jpeg)