Fazio's address to the Euro-Mediterranean seminar

In his welcoming address to the Eurosystem and Mediterranean Central Banks Euro-Mediterranean seminar, Antonio Fazio said the talents that the central banks have brought to the European system is founded on autonomy and independence, sometimes carefully tended in the context of complex institutional equilibriums.

He defended with pride the history and the role of the national central banks in the system created by the introduction of the euro in Europe. Their tradition, he said, at a gala dinner

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