European Central Bank: Press conference - introductory statement Introductory statement by Mr Willem F Duisenberg, President of the European Central Bank and Mr Christian Noyer, Vice-President of the European Central Bank, at the press conference, held in Frankfurt, 2 May 2002.
The euro is still a very young currency with only a short - albeit encouraging - track record. The sound institutional framework lends credibility to the euro. One of the objections presented by European central bankers has recently been sustained: price stability will remain one of the EU’s goals. I fully appreciate this response to our repeated intervention.