Wim Duisenberg Monetary Quotations

Don't ask for monetary policy to perform tricks it cannot deliver,

An inappropriately lax monetary policy would not create better conditions for the emergence of a new economy

Of most concern are some of the uncertainties that will inevitably arise as the result of the move to stage three. Against this background, the council has chosen a distinct monetary policy strategy and one that reflects the circumstances it faces at present.

On the basis of the information available, the current stance of monetary policy is appropriate to ensure that the euro area will be able to maintain price stability over the medium term,