This projection is subject to considerable downside risks, relating in particular to an intensification of the debt crisis as well as further increases in commodity prices. BIS central bankers’ speeches  3  In response to these challenges, the Eurosystem resorted to standard and non-standard monetary policy measures.
We are joined by representatives from embassies across the European Union, my own colleagues from the Central Bank as well as guests of the European Commission Representation and European Movement Ireland from across Ireland's business and public sectors.