Tumpel-Gugerell: Central banks in an enlarged EU

In the speech 'Challenges for central banks in an enlarged European Union and euro area' given on 20 February, Gertrude Tumpel-Gugerell of the ECB said a new and changing environment requires new concepts and innovation in the field of central banking.

EU and euro area enlargement has to be well managed by timely preparation by the central banks concerned, Tumpel-Gugerell concluded. This involves addressing macroeconomic, microeconomic and institutional challenges, taking into account the lead

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