Ireland's Hurley on the central bank & Eurosystem

In the speech 'The central bank and the Eurosystem' given on 6 December John Hurley of the Central Bank and Financial Services Authority of Ireland said the introduction of the single currency has been an historical landmark.

"In twelve countries, the euro has replaced the national currency and rapidly become part of everyday life," Hurley said. "For the business community, intra-euro area exchange rate volatility and the uncertainty it caused for trade and investment have been eliminated. In the

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