Nevertheless, through its effect on economic activity and prices, the exchange rate affects the outlook for price stability and thus still undoubtedly plays an important role in the monetary policy of the Eurosystem. Let me therefore elaborate on this role in some more detail. The primary objective of the single monetary policy is the maintenance of price stability.
I think what is necessary to relieve such anxiety is to enhance the sustainability of a wide range of social security systems, including pension and medical systems, as well as change the attitudes of the people and step up their financial literacy.