We should not forget, nevertheless, what else we can do to make Greece stronger in a stronger Europe. Let me be clear: Europe will not address matters of pressing concern such as security or migration without a strong and sustainable economy. A lot still needs to be done to make our Economic and Monetary Union stronger.
The impact of excess capacity on CPIcommon tends to be more delayed.23  22  Provided the relative price change does not affect expected inflation or the output gap, this effect on inflation will be temporary because its rate of change (i.e., inflation) is no longer affected once the price level has adjusted.