ecb speech, 2006-11-29
In these cases, a particular speeding-up of structural reforms to reinforce the flexibility of the economy would help to consolidate the long-term cohesion of the euro area in three ways: by increasing the long-term growth potential of the economies concerned, by reinforcing the synchronisation of the cycle throughout the area and by accelerating the necessary market adjustments.
Sentiment: neutral
Topic: mp_economic_activity