ECB's Villeroy: ECB watching trade and FX risk

The ECB Vice President Vitor Constancio and Bank of France Governor Francois Villeroy de Galhau, while speaking at the ECB conference in Frankfurt, was noted saying that the Euro area is in a very robust phase. 

Additional quotes:

   •  Monetary union must be made more resilient
   •  ECB on course for gradual normalization
   •  ECB watching trade and FX risk

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