Speech by Dr Wellink, Nederlandsche Bank, 13 Mar

SPEECH - In the speech titled 'EU expansion and EMU' Wellink said that European interests are Dutch interests and warns against premature changeover to the euro of new Member States into the Union. "The surrender of exchange rate flexibility and the euro area-wide orientation of monetary policy may not be compatible with the challenges posed by structural and real convergence."

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Address held by Dr A.H.E.M. Wellink

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