Belgium's Quaden on structural reforms in Europe

In the speech 'Structural reforms in Europe - harmonisation or decentralisation?' given on 12 January Guy Quaden of the National Bank of Belgium said structural reform applies to existing situations which differ radically from one country to another, even from one region to another.

"These specific characteristics, which can range from the institutional set-up to the labour relations and social security system, the structure of the economy or even the preferences of the various parties

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