The incoming macroeconomic data confirmed that risks to price stability remain on the upside over the medium term, as identified by both our economic and monetary analysis. The incoming macroeconomic data also again confirmed the strong fundamentals of the euro area economy and support a favourable medium-term outlook for real GDP growth.
As you would be aware, Audit can be defined as an examination of the books of accounts and records of an enterprise to certify that the profit and loss account and the balance sheet are properly drawn up so that it exhibits a true and fair view of the financial state of affairs of the business.