Ewald Nowotny: Economic and Monetary Union - deepening and convergence

Opening remarks by Prof Dr Ewald Nowotny, Governor of the Central Bank of the Republic of Austria (Oesterreichische Nationalbank/OeNB), at the 45th Economics Conference, Linz, 5 July 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
15 August 2018

Ladies and Gentlemen,

It is a great pleasure to welcome you here in Linz to today's and tomorrow's conference hosted by the Oesterreichische Nationalbank in cooperation with the Austrian Federal Economic Chamber (WKÖ). My special thanks go to Raiffeisenlandesbank Oberösterreich for making this great conference venue available to us and to Land Oberösterreich for their hospitality and tonight's dinner invitation to the Linz castle.

In coming to Linz - a town with which I am personally closely connected - we follow a good tradition. Because also at the last time - in 2006 - when Austria had the EU presidency we started the economic policy discussion with a conference here in Linz, the capital of the industrial heartland of Austria.