Mr. Governor, distinguished guests, ladies and gentlemen,
It is a pleasure to join you virtually today at your annual economic conference on this very timely and important topic of money and public security.
The year 2020 will be remembered as one of the most serious health crises and global economic contractions in almost a century. Along with many other regions, the shock to the euro area has been particularly severe. In just two quarters, the euro area is estimated to have lost as much output as it has gained over the last 15 years…
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