Vítor Constâncio: ECB Annual Report 2010 Introductory statement by Mr Vítor Constâncio, Vice-President of the European Central Bank, at the presentation of the ECB Annual Report 2010, to the Committee on Economic and Monetary Affairs of the European Parliament, Brussels, 2 May 2011.
The achievements so far have been remarkable: • Unprecedented fiscal consolidation: Over the period 2013–2017, the primary deficit of the general government was eliminated and, for the first time since 2001, general government primary surpluses were recorded for five consecutive years.