Emphasises that the division of labour between monetary and fiscal policy for the euro area as currently enshrined in the treaties simply did not anticipate that monetary policy would ever reach the zero lower bound, and shortcoming that urgently needs to be corrected;
poudarja, da z razdelitvijo dela med monetarno in fiskalno politiko v euroobmočju, kot je trenutno zapisana v Pogodbah, ni bilo predvideno, da bo monetarna politika kdajkoli dosegla ničelno spodnjo mejo obrestnih mer, prav tako niso bile predvidene pomanjkljivosti, ki jih je treba nujno odpraviti;