Volkswirtschaftlichen Tagung der Oesterreichischen Nationalbank. I would like to use the occasion of today’s conference to recall how the European Central Bank has reacted to the crisis and, in particular, put our most recent actions into this context.
As I am sure you all appreciate, there is a single thread running through all of these actions, namely to ensure that we deliver on what we are expected to deliver: price stability across the euro area over the medium term.