ECB Hamalainen-Eurozone needs structural changes

The euro zone still needs to make further strides in structural changes if it is to see a potential economic growth rate similar to that of the U.S., European Central Bank executive board member Sirkka Haemaelaeinen said on Feb 12, 2001. "Certainly, we are only at the beginning of the process and much more needs to be done, but, at the same time, we should be encouraged by the increasing support and understanding of the need for structural changes," Haemaelaeinen said in a speech to the Finnish

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