The institutional development of Europe has accompanied the economic  24  The Governor’s Concluding Remarks Annual Report 2018  BANCA D’ITALIA  development of all the member countries: it has opened up a bigger market for firms and consumers, made more funds available to support disadvantaged areas, facilitated cooperation on strategic questions, and guaranteed a stable monetary framework.
The non-ATTIC members who have signed on to the scheme deserve a special commendation for accepting the challenge we put to them earlier this year to make the scheme as inclusive as possible. (We have 90 percent participation among active insurance companies – that is a good participation rate).