We welcome ethical investment from any source, and we recognize that inward capital flows benefit the wider economy. In keeping with those goals, the CBB has introduced a number of improvements to our regulations during the recent past, many of which have had an impact on the wealth management industry, either directly or indirectly.
Let me now turn to the second pillar of the monetary policy strategy, the broadly based assessment of the outlook for price developments and risks to price stability in the euro area. Various macro-economic indicators available for the euro area consistently point towards a strong cyclical upswing in the euro area in 2000.