However, India, being an emerging economy with limited sources of funds to finance the growth process, relatively smaller capital base of the Indian banks as also fewer number of corporate groups which can take up big ticket infrastructure and manufacturing projects and sudden growth in their size, has certain typical compulsions to meet.
This is one example that I would give very strongly – to say that the economic underpinning of full freedom of movement in a single currency area is very strong. Has the ECB any estimate of its own on the impact of the euro introduction on inflation in Slovenia?