First, as the central bank responsible for the euro area, we place great value on seeing a major necessary condition for growth, job creation and prosperity for current and future generations being fulfilled: ensuring price stability, confidence in the euro and its purchasing power is our own decisive contribution to sustainable growth.
And this contribution is less difficult to deliver in an environment where governments and social partners contribute to confidence and potential output growth. I would also like to emphasise the strong complementarities of carrying out sound policies in the different fields.