BIS central bankers’ speeches  1  In all these activities the central bank pursues and represents the public interest of a sound and credible currency, one that preserves its value over time.
And it is with great pride that I say today, in particular thanks to Tommaso’s contribution, together with all members of the Executive Board, of the Governing Council and the staff of the ECB, that our primary mandate has been fulfilled: with an average inflation rate in the euro area over the past 12 years of 1.97%, the ECB governing council has delivered what 330 million Europeans expect – “la difesa del risparmio”, “die Währung zu sichern”, “assurer la stabilité des prix”.