The Danish people have chosen to deprive themselves of benefits in the form of an increase in the rate of growth and the welfare of the economy that would have otherwise taken place, and that is already taking place within the euro area.
More Quotes from Wim Duisenberg:
We are not immune to developments in the United States and the world at large,Wim Duisenberg
An inappropriately lax monetary policy would not create better conditions for the emergence of a new economy
Wim Duisenberg
Our policy is to be as transparent and as predictable as possible,
Wim Duisenberg
The depreciation of the exchange rate of the euro will increase the risks to price stability, ... In the medium term these risks have to be taken seriously, and we are taking them seriously in light of the current exchange rate.
Wim Duisenberg
This reduction is to be seen as an adjustment of interest rates to an appropriate level to ensure that the euro area will be able to maintain price stability and to contribute to growth,
Wim Duisenberg
Economic activity in the euro area is determined mainly by domestic factors, ... Growth is very likely to continue at a reasonably robust pace.
Wim Duisenberg
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