whereas monetary policy designed to fight deflationary risks played a key role in stabilizing the euro area as a collateral benefit in recent years, monetary policy in the coming years will need to control inflationary pressures which will present a renewed challenge of fiscal sustainability for countries with below average growth rates and above average debt levels;
ker je monetarna politika, namenjena za boj proti tveganjem deflacije, v zadnjih letih imela ključno vlogo pri stabilizaciji euroobmočja, kar je pomenilo dodatno korist, bo monetarna politika v prihodnjih letih morala obvladovati inflacijske pritiske, ki bodo pomenili nov izziv fiskalne vzdržnosti za države s podpovprečnimi stopnjami rasti in nadpovprečnimi ravnmi dolga;