To overcome deflation and achieve a sustainable economic growth with price stability, the Bank will continue to consistently make contributions as central bank. 2  BIS Review 46/2010
All in all, that process has proceeded remarkably successfully for more than half a century now. Zeit: So, what is its rationale? Trichet: European integration is essential for ensuring the peace, stability and prosperity of the nations of Europe. All of the reasons we had to engage in this historic endeavour after the Second World War are still valid.