We made a recommendation to that effect in our October Monthly Report.1 Ladies and gentlemen Fiscal solidarity is a key prerequisite for a stable currency and a stable monetary union. And this prerequisite is a responsibility that lies with the member states and their regions.
More consumers are using the Internet to purchase a wide range of goods and services. Although this remains a small component of consumption, online shopping is adding choice and new competition to the retail sector.17 What does all this mean for prices?