This would support economic activity across the euro area, as advised by the European Commission and the IMF. All this calls for better policy coordination for the sake of smooth rebalancing of the euro area than so far.
It is indeed an honour for me to be addressing the distinguished members of the Board of Directors and Senior Management of the Central Bank of Nigeria. I thank Governor Sanusi Lamido Sanusi for this opportunity. The recent global financial crisis has generated an intense debate on the role and responsibility of central banks in maintaining financial stability.