We need to actually get to where we want to go. Getting to Paris. On time. That’s where we wan t to be. This means a lot of work from you. The hard core technical part has started. The part where the economists and econometrists deliver.
Available indicators for the first quarter of 2012 broadly confirm a stabilisation in economic activity at a low level. Latest developments in survey data are mixed, highlighting prevailing uncertainty. Looking ahead, growth should be supported by foreign demand, the very low short-term interest rates as well as our non-standard measures.