Wim Duisenberg Maintain Quotations

On the basis of the information available, the current stance of monetary policy is appropriate to ensure that the euro area will be able to maintain price stability over the medium term,

This reduction is to be seen as an adjustment of interest rates to an appropriate level to ensure that the euro area will be able to maintain price stability and to contribute to growth,

So we do expect to maintain a growth rate in the euro area of at least 3 percent per year for the next two years.