Challenges relating to capital flow volatility Beset by the euro zone sovereign debt crisis and the aftershocks of the global financial crisis, the world economy is now shrouded in darkness as it traverses a long and deep trough. We have no means of seeing where it may come to an end nor yet of knowing what awaits us up ahead.
But I can assure you that we will continue to monitor very closely all developments in the period ahead, in order to be in the best possible position to continue to deliver on our task of maintaining price stability over the medium term, and thereby support the purchasing power of euro area citizens.