translate English to French: This experience of declining rates of inflation reflects a number of important policy choices, most notably the orientation of monetary policy towards price stability from the mid-1980s onwards. Since 1990 this policy has been formalised in the objective of seeking to maintain a close link between the Belgian franc and the Deutsche Mark within the framework of the ERM.
Il sera tout aussi important de renforcer les politiques nationales destinées à améliorer le fonctionnement des marchés du travail, dans le contexte du taux de chômage élevé que connaît actuellement la Belgique.