Mr Chairman, Honourable members of the Economic and Monetary Affairs Committee, Ladies and gentlemen, It is a pleasure to be back at the European Parliament and to appear again before your Committee for our last exchange of views of the year. As you have chosen very topical issues for our discussion today, I will get started on the substance without further ado. First, I will share with you our assessment of the economic outlook for the euro area and the implications for the ECB’s monetary policy. Second, I will discuss why designing and implementing the necessary reforms to Economic and Monetary Union (EMU) would ... (full story)