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.
More Quotes from 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
An inappropriately lax monetary policy would not create better conditions for the emergence of a new economy
Wim Duisenberg
I'm not going to answer any questions relating to that recent interview,
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
I wish you had not asked me that question, the answer is no.
Wim Duisenberg
This internal stability of the euro means that people can be confident that their savings and pensions will keep their value over time,
Wim Duisenberg
Readers Who Like This Quotation Also Like:
Based on Topics: Danger & Risk Quotes, Light QuotesNon-cooperation with evil is as much a duty as is cooperation with good.
Mohandas Gandhi
Conway Twitty was always our local hero while I was growing up. He had a series of good bands. I wanted to sit in, if Conway would let me. And he did a couple of times.
Levon Helm
We forget all too soon the things we thought we could never forget.
Joan Didion