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Lagarde: Laudatory speech

From ecb.europa.eu

The English philosopher John Stuart Mill once observed that “a great statesman is he who knows when to depart from traditions, as well as when to adhere to them.” It is with these words in mind that I would like to celebrate Wolfgang’s contribution to public life. You embody what I see as the model of “Germany in Europe”: the Germany that is an implacable defender of its values and a beacon of liberalism and democracy; but also the Germany that is ready to move when needed to uphold the European idea. This event is not about the ECB. It’s not about monetary policy or other economic policies. It’s about you, Wolfgang. ... (full story)

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