ECA told EURACTIV.com that EU auditors were mandated to audit the
operational efficiency of the management of the ECB, in line with the
Treaty on the Functioning of the European Union and the Statute of the
European System of Central Banks (ESCB) and the ECB.
“We are currently examining further options for access to documents necessary to carry out our audit work,” the auditors said.
On 16 November, ECA published a report
assessing the effectiveness and results of the Greek bailouts. But the
ECB refused to provide access to some requested information, citing
banking confidentiality. The auditors were therefore unable to report on
the ECB’s role in the Greek programmes.
In their report, EU auditors said that the ECB had questioned the
Court’s mandate in this respect and the documentation provided by the
Bank was insufficient.
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