46 Quotes by Wim Duisenberg

assuming Japan manages to overcome - and I think it will - the difficulties it is currently facing.

At this juncture, there is less risk that excess liquidity will translate into inflationary pressure given the environment of subdued demand,

Consequently, the strength in the upturn in economic activity has become more uncertain inside and outside the euro area.

And the suggestion from a colleague was that we do not speak about intervention,

European citizens can be assured that the future of the euro is that of a strong currency, based on price stability and the strength of the European economy,

far too early to judge what the events... will have for an impact on medium-term developments.

The trend in the growth of loans to the private sector also seems to point in this direction.

Of most concern are some of the uncertainties that will inevitably arise as the result of the move to stage three. Against this background, the council has chosen a distinct monetary policy strategy and one that reflects the circumstances it faces at present.

So we do expect to maintain a growth rate in the euro area of at least 3 percent per year for the next two years.