Hamalainen on the euro: making progress

In a speech on 'The euro: making progress' Sirkka Hamalainen of the European Central Bank said the euro has lived up to expectations and has delivered the internal price and financial stability that it was supposed to. On the indirect effects of the euro such as increased trade, greater productive efficiency and further economic reform she said "there are positive signs" but it may still be too early to give definitive answers.

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