Fourth, continuous uncertain normalization of the Fed’s monetary policies and better US economy resulting in stronger US dollar. Fifth, continuous excessive increase in property prices resulting in intensifying credit risks and affecting inflation control efforts. Distinguished Ladies and Gentlemen, 15. Imbalance sources and their potentials to become systemic risks must be carefully anticipated and responded in an effective and synergic manner.
(2008): Probabilistic Population Projections for the 27 EU Member States Based on Eurostat Assumptions, http://www.oeaw.ac.at/fileadmin/subsites/Institute/VID/PDF/Publications/EDRP/edrp_2008_02.pdf iii Statistics Austria (2017): Population Forecasts, https://www.statistik.at/web_en/statistics/PeopleSociety/population/demographic_forecasts/population_forecasts /index.html iv Sources: European Commission (2017): White Paper on the Future of Europe.