These discussions are usually conducted with numerous colleagues who are not themselves responsible for banking regulation in their own jurisdictions.
* * * Today I will give you an assessment of the euro area economy and share some thoughts on where I see us heading and on what is needed to ensure long-run sustainable growth.1 On a positive note, we have good indications that the euro area economy is heading for a continued moderate, but steady recovery, which seems to have become resilient to global economic and political uncertainty.