Although weak  BIS central bankers’ speeches  3  domestic demand has contributed to declining current account surpluses, rebalancing has also been aided by strong export performance. Unit labour cost developments during the crisis have helped.
That’s why we pushed the end date back. It’s a simple, comprehensible and logical step. There was no need to indicate an end point at all. The programme will run for as long as is necessary to achieve our objective in a sustainable way. It would also be helpful if our measures were supported by other policy areas. Do you feel supported by policy-makers?