The growth of aggregate demand was clearly outpacing even the most optimistic projections for the growth of potential supply, and the dangers of an increase in inflation pressures were higher.
Introduction Mr. Vice President of the European Parliament, Mr. Chairman of the ECON Committee of the European Parliament, Distinguished members of the European Parliament, Advisors and other staff, Kalimera, Good morning to all of you, I, an unelected official, am very delighted today to welcome a group of elected representatives of the European Parliament, the guardian of democratic accountability and a major pillar of the European Union governance system.