Consumers should be able to slowly become accustomed to the euro prices and to gain a feel for prices so that conversion scopes in signal prices and adjustments of even prices cannot be exploited by retailers. This will create more transparency, and customers can ascertain that nothing has become more expensive as a result of monetary union.
Health first – damage to the economy must be mitigated] Protecting the health of the public must take precedence during a pandemic. However, the contingency measures put in place to contain the virus also come with economic ramifications. Public authorities will inevitably play a key role in mitigating the economic damage, and that also applies to the central bank.