Among other factors, the fires in Northern Alberta, which have been costly for many, represent a sharp, but temporary, hit to the economy.
It is no exaggeration to state that with the creation of the single market and its completion marked by the introduction of the euro banknotes and coins in 2002, we have launched the most comprehensive and challenging economic reform project in the history of continental Europe. This has been a particularly clear demonstration of European policymakers’ ability to take decisive action.