Lagarde, stronger economic shocks without the euro shield – the last hour

(ANSA) – ROME, Dec 31 – “The recent economic shocks would have been more serious had it not been for the stability and integration that the euro offers in our single market” and “the euro and Europe are now inseparable.” This is how European Central Bank President Christine Lagarde delivered a speech marking the 20th anniversary of the Euro, which was published by the weekly Corriere 7 and various European media.

“When I think of the euro, I think of family businesses and companies that have achieved success thanks to the benefits derived from the euro and the single market,” says Lagarde, who emphasizes: “The European Central Bank is the custodian of the euro and we are working with the commitment to protect our single currency.” It is also the institution’s “duty” to “study possible forms of additional payment such as the digital euro,” he adds, looking to the future.

In the letter there is also space for personal memories of the ECB president who also celebrates her birthday on January 1st: “On January 1, 2002 I was in Normandy, I went to an ATM and bet with friends that new friends would immediately take out the banknotes and so it was.” (Dealing).

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