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Weidmann: Towards a more prosperous monetary union
Ladies and gentlemen Thank you for the invitation and for the opportunity to speak here today. A popular proverb in Madrid goes as follows: "De Madrid al cielo y un agujerito para verlo." My pronunciation is poor, but this certainly doesn't mean that the saying doesn't resonate with me - after all, this is already my second visit to Madrid in four months. And on both occasions, I actually had a choice in the matter, which is not always the case. In a way, the proverb also captures nicely what I'm attempting to do today - to come to Madrid in order, well, not to ascend to heaven, but to take a bird's eye view of ... (full story)