1 We need to accelerate the harmonization, or removal, of issues which are barriers to cross-border business – such as market practices, discriminatory provisions and domestic protectionist barriers – so that what is now cross-border business in Europe becomes truly domestic.
While it is understood that investments carry financial risks, it is also well appreciated that preparing for the uncertainties of the future cannot be fully addressed by protecting principal alone. It is likewise accepted that preparing for the future cannot be properly done without an organized approach.