Dear President Posada, Honourable Members of Parliament, I would like to thank you most warmly for your kind invitation to appear before this chamber of Parliament. As President of the European Central Bank (ECB), it is an honour to have this opportunity to discuss the big challenges facing the euro area economy and to explain the major policy actions that we are taking in response to those challenges. After outlining what we have done, I will be very keen to hear your views – on Europe’s economy, on ECB policies and on the future design of our economic and monetary union. By the end of this session, I hope that we ... (full story)