Correspondingly, central banks, if I may borrow a phrase from my colleague Eddie George of the Bank of England, consistently practice what he called “constructive ambiguity”: a lower degree of transparency fosters the careful valuation of risks and thus results in a higher degree of financial market stability. Furthermore, the Deutsche Bundesbank does not even have an express mandate to safeguard financial market stability.
You will have an opportunity to explore more about our rich culture, nature and the friendly people during your stay and during the social events that would take place following the meetings. 8. Let me close my remarks by once again welcoming Rt.