Ladies and Gentlemen, Let me start by expressing how grateful I am, but also how humbled I feel, to speak before you today as the recipient of the Schumpeter Preis. It would be tempting to see the honour that you are bestowing upon me today as a reward for a job well done. I prefer, however, to regard it as encouragement and inspiration to continue to pursue our task with the determination and single-mindedness that we have shown over the past few years. After five years of crisis and uncertainty, 2012 and 2013 have been years of stabilisation for the euro area. They have seen a return of confidence in the prospects ... (full story)