Peter Praet: Ensuring a sustained adjustment in inflation Keynote speech by Mr Peter Praet, Member of the Executive Board of the European Central Bank, at the National Bank of Romania, Bucharest, 3 July 2018. * * * Accompanying slides of this speech. It is a great pleasure for me to be here in Bucharest today.
Each and every individual can play a role in maintaining confidence in our currency by being encouraged to ‘know our money’. Having a population that is knowledgeable and familiar with the security features of genuine banknotes can surely contribute towards efforts to prevent the introduction of fake money into our financial system, as well as minimising economic losses.