• Price increases have been lower for a long time
  • If it’s because of import prices such as energy and food it’s explainable
  • If it starts to take place because of domestic and euro-area factors we need to be careful
  • We’re committed to price stability goal of near or below 2%
  • Austerity efforts no longer weigh on growth
  • Situation in peripheral countries has improved by several notches
  • EU countries have completed the biggest adjustment in public finances
  • In may countries the worst starts to be over
  • Greece no longer poses contagion risk in EU

Finlands Erkki Liikanen in an interview with Finland MTV