ABSTRACT
The 22nd SUERF Colloquium deals with a highly interesting topic of mutual concern. Our success in adapting intellectually, politically, economically and financially to the ‘global village’ will determine our future welfare. I am delighted to address this distinguished audience and I would like to deal with the issue from the viewpoint of a central banker who shares the responsibility of securing a stable monetary framework for a dynamic and smooth development of the European economy within the Eurosystem.
