BIS central bankers’ speeches  1  In the early days of football, the rules were much simpler than today. One simple rule was that if a player commits a foul, the opposing team will get a free-kick. That rule applied regardless of whether it was a mild or a harsh foul, whether it took place in the midfield or close to the goal.
You will have to end it – one way or another. Cœuré: We think that governments need to undertake structural reforms to create sustainable growth, but I do agree with you on one point: we need more investment in Europe. Investment has decreased too much in the crisis and it is needed for the future of the citizens.