Let me then also offer our assessment of the challenges that lie ahead and that will await the new Parliament and the new Commission. Before I start to go into detail in these three areas, let me however remind you that the next meeting of the ECB Governing Council takes place on Thursday.
In view of the so-called purdah period, you will understand that I will not be able to give detailed answers on our monetary policy stance today. Five years of monetary policy – the ECB has delivered In the last five years, the ECB has continued to take the necessary measures with a view to maintaining price stability in the euro area.