DNB chief Wellink sorry over euro inflation

The president of the Dutch central bank, Nout Wellink, has apologised for not warning that prices would rise as a result of the introduction of the euro. "We didn't do it very well," Wellink told a meeting in The Hague.

Source: Expatica

The president of Dutch central bank DNB, Nout Wellink, has apologised for not warning that prices would rise as a result of the January 2002 introduction of the euro.

Wellink said he knew that the introduction of the new currency would be inflationary, but Finan