ECB's Wunsch: EU net-zero 2050 target not politically credible

Belgian central bank governor Pierre Wunsch publicly questioned the political credibility of the EU's 2050 net-zero target, arguing that maintaining the goal undermines the bloc's climate policy credibility. This marks a notable deviation from official EU consensus by a senior monetary official, though it reflects ongoing internal debates over feasibility. The statement could influence policy discourse but has no immediate market impact.