Quotations

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Wim Duisenberg Quotes

«Not having an exchange rate policy -- and we do not have one -- does not mean there is benign or malign neglect. For the time being there is neglect.»
«We will set rates as the situation requires.»
«At the end of the year, economic growth should reach a level close to potential growth,»
«Of most concern are some of the uncertainties that will inevitably arise as the result of the move to stage three. Against this background, the council has chosen a distinct monetary policy strategy and one that reflects the circumstances it faces at present.»
«I wish you had not asked me that question, the answer is no.»
«I'm very confident. Everything has been so well prepared.»
«A mild recovery (in the global economy) is generally expected to start in the course of 2002 and to accelerate in 2003,»
«While I am reasonably optimistic about the sustainability of the recovery that, we expect, will start this year, I am also aware of the remaining downside risks.»
«The trend in the growth of loans to the private sector also seems to point in this direction.»
«Given that the expected pace of the recovery has been scaled down over recent months, sharp declines in stock prices are having a negative effect on consumer and investors confidence,»

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