Friday, January 25, 2013

ECB - WD - 6 August 2005

Speech during the memorial service for Wim Duisenberg on 6 August 2005 in the Concertgebouw, Amsterdam
Speech by Jean-Claude Trichet, President of the ECB,
6 August 2005

As far as demanding circumstances and exceptional challenges are concerned, Wim had, like all of us, his fair share. Then his unique qualities worked wonders. I would like particularly to mention three examples:
  • Wim’s firm position in the 1980s and 90s, when there were dramatic periods of increased tension and outright crisis and, notably, in 1992 and 1993.
  • The influence he exerted in the DELORS Committee, taking action at all crucial moments to permit the effective delivery of what became the blueprint for the single currency.
  • Equally, Wim’s influence at the European Monetary Institute under the chairmanship of Alexandre Lamfalussy and as President, where the crucial decisions to prepare effectively the single currency were wisely taken, including the decision that the ECB should have all its accounts in euro from the outset, which owed a lot to Wim.


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