It is my opinion that we should focus our harmonisation efforts on certain meaningful and legitimate minimum standards. You could call this “globalisation on a leash”. I prefer the expression “focused harmonisation”: sovereign countries carefully select the suitable areas and respect where other nations see their own vital interests at risk.
Price stability will help to turn the current upswing into a long period of high economic growth and falling unemployment, and it will strengthen the currency. Finally, I should like to inform you about two items related to the field of statistics.