Holland's Wellink assesses eight years of EMU
Speaking at the Nieuwegein Business Center, Nout Wellink, the president of the Dutch central bank, took stock of the achievements of eight years of economic and monetary integration and set out what he saw as the challenges facing the eurozone.
While lauding the achievements in terms of low inflation, fiscal policy and economic integration, Wellink said that monetary union had left it greatest mark on European financial markets.
"Traditionally, the efficiency of these markets has been hampered
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