Mr Chairman, Honourable Members of the Economic and Monetary Affairs Committee, Ladies and gentlemen, During the summer break, our Union faced exceptional challenges. First, there was the long and complicated discussion on the new adjustment programme for Greece. And now, in an area very much outside the ECB’s competence, there is the challenge of harbouring a large number of refugees that had to leave their homes behind. Both these events – although very different in nature – have shown again that Europe can only be strong if it acts in unity on the basis of solidarity and cooperation. This is a lesson we should ... (full story)