Much attention was devoted to the so-called asymmetry of the Finnish economy. While macroeconomic trends in EU countries such as Germany, France and the Benelux countries usually were broadly similar, economic developments in Finland diverged a lot. There were differences in the both the timing of the fluctuations and the amplitude of the fluctuations, which was much greater in Finland than elsewhere.
Christine Lagarde: Welcome address marking the change in office of the President of the Deutsche Bundesbank Welcome address by Ms Christine Lagarde, President of the European Central Bank, at a virtual ceremony marking the change of office of the President of the Bundesbank,11 January 2022. * * * It is a pleasure to be here today to speak with you.