ECB's Papademos on the euro: five years on

In a speech on 'The euro: five years on - Implications for Asia' given on 12 November, Lucas Papademos of the ECB said five years after its introduction, the euro is a solid, stable currency in which the markets and the public have confidence.

"And not just in Europe, but also globally - as the widespread international use of the euro clearly demonstrates. The euro is a success. When I said at the beginning that I felt privileged to be the first speaker and set the tone, this is what I had in

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