All of us, across all policy levels, should ensure that we use the thrust of the recovery to transform our economies and make them fit for the world of tomorrow, for instance by reducing and preventing climate risks. The ECB is ready to play its part in line with its mandate.
What really matters is bringing about a change of course and sticking to it. And that is why it is equally important to take an unbiased view of the chances of successful reform in Europe. 2.