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Buba's Weber on the state of European integration

In the speech 'State and challenges of the European integration' given on 25 October Axel Weber of the Deutsche Bundesbank said we have a good prospect of dealing successfully with the growing diversity of the EU economy after enlargement if monetary, fiscal and economic policy fulfil their respective tasks.

"The performance of the EMU economies is to be improved: Non-inflationary growth must be enhanced and inflation persistence should be tackled by structural reforms in order to foster price

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