Since its trough in the second quarter of 2009, the economy has made up close to half of its recession-induced production losses. The relatively low rate of growth observed until now is in line with experiences of other economies recovering from severe financial crises.
The faster, the better, obviously, so if the oil price were to stabilise, if that gave a sense of stability and security to economic actors, that would certainly be good news in that picture. That 2% inflation target is really the encore for the whole recovery process in the euro area. It is very important that it comes as quickly as possible.