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"Completing our economic and monetary union"

I am delighted by this opportunity to share some remarks on Europe here in Madrid. In some regard, Spain exemplifies the strength of the European commitment:

  • As a country which, in the face of a severe crisis, has shown a strong resolve to embrace European solidarity,
  • And as a country in which structural reforms – although painful - have been efficient and successful, from the financial sector to the labor market.
  • At the same time, the Spanish experience also shows the absolute necessity of fiscal policy coordination, both before and after the crisis.

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DiscoursFrançois VILLEROY DE GALHAU, Gouverneur de la Banque de France
"Completing our economic and monetary union"
  • Publié le 24/05/2016
  • EN
  • PDF (678.11 Ko)
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