It is great to have so many experts with us today. Thank you. We know that technological advances are key to improving an economy’s potential to grow. They have raised living standards in G7 countries and across the globe, and have helped lift more than one billion people around the world out of extreme poverty since the Second World War.
Reflecting on what the term “wider circles” means for the euro, I think of the EU Member States that still use their national currencies and that aim to adopt the single currency in the future, and in particular the ten new Member States that joined the EU earlier this year and their path towards the euro.