It was a challenging time, and we did not solve all the problems that we confronted. Nevertheless, I found my time there quite rewarding and benefited greatly from my work with the other members and with the very highly skilled staff.
It is a great success that the Governing Council consisting of at the beginning 11 and today 15 national central bank Governors with very different and diverse monetary policy experience and history and 6 ECB Executive Board members conducted a joint monetary policy for the euro area independently of national interests.