It will be a difficult time for reading and forecasting the domestic economy, and all this will take place against the backdrop of an international economy dominated by the uncertainty of the unfolding events in the United States. Markets, as always, will be looking for guidance.
The euro underlines the validity of this proposition as well as the need for systematic and determined efforts towards implementing the necessary reforms. As the euro area economy becomes more productive, flexible and competitive, its growth performance will improve, benefiting from both an enhanced capacity to produce as well as increased confidence that can boost investment and consumption. Thank you for your attention.