Issing on the Lisbon process - a view from the ECB

In the speech 'The Lisbon process - a view from the ECB' given on 9 June Otmar Issing of the ECB said concerns that ECB monetary policy may not be suitable for all euro zone countries are misplaced.

"The success of EMU suggests that concerns about the fitness of European countries to share a single currency and run a common monetary policy were largely misplaced," he said in the speech.

"EMU has lived up to the more optimistic expectations. The euro area institutional framework centred on the

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