For Ireland, as a highly open, highly globalized, and very well-connected economy, an environment of trade barriers and policy uncertainty and unpredictability is unwelcome and entails economic costs.
Gabriel Makhlouf
Governor, Central Bank of Ireland
If we're going to realize the potential of the European economy we need to and deepen the single
market . . . Deepening the single market offers a hedge against broader global trade fragmentation.
In terms of the European economy, it's pretty clear to
me . . . that the single most important thing we need to do now is to start realizing the potential that this huge market has, but which it hasn't realized over too long . . . I'm just a little concerned that the momentum that we need has gone.
The whole world is moving digital. And the idea that central banks will somehow not go in this direction just seems to me to be sort of implausible.
Our energies should be tilted towards the challenge of creating a new world order ahead of us, rather than the comfort of preserving the old. The stage is now set for building new relationships, adopting new frameworks, and creating new paradigms.
Gabriel Makhlouf
Governor, Central Bank of Ireland
Gabriel Makhlouf
Governor, Central Bank of Ireland
Gabriel Makhlouf
Governor, Central Bank of Ireland
Gabriel Makhlouf
Governor, Central Bank of Ireland