This process is based on the political view that an integrated Europe is in the interest of stability, security  1  BIS Review 49/1999  and prosperity. The European integration process is primarily a political process with, of course, important economic aspects and benefits.
Disabling shocks to the global financial system can arise from a variety of factors and circumstances, including macroeconomic weaknesses, the collapse of major individual institutions, and weaknesses in the infrastructure that underpins and connects financial systems. That requires transparency, close monitoring and, if necessary, coherent and appropriate action to forestall accelerating developments.