Scheduled cash earnings per employee (full-time employees)  40  Hourly scheduled cash earnings (part-time employees)  30  Part-time workers  4 3  20  2  10  "Shortage"  "Surplus"  1 0 0 -10  -1 -2 CY 94  98  02  06  10  14  18  22  -20 CY 07  09  11  13  15  17  19  21  Notes: 1.
I would like to emphasise that these efforts do not represent a departure from the ECB’s mandate, but rather the opposite – namely, the pursuit of price stability by all the necessary means that the situation has required. In short, the ECB has preserved price stability and the necessary conditions for sustainable growth, fought redenomination risks and the fragmentation of financial markets.