Greece's Garganas on ECB's single monetary policy

In the speech 'Adjusting to the single monetary policy of the ECB' given on 24 June, Nicholas Garganas of the Bank of Greece said recent events have given rise to some populist rhetoric about the wisdom of a single currency within Europe.

"A few commentators have posed the question: Why have a monetary union in Europe? My perspective is very different. I share the sentiment of my colleagues on the Governing Council who have dismissed as "absurd" speculation that the euro area's future has been

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