Finally, I would like to conclude my speech with praises on the excellent work done so far in the functioning of the Fund, and looking forward to maximum inter-institutional engagement for advancing this Fund so that it further increases financial intermediation in Kosovo.
I believe that institutional barriers between national financial markets remain one of the key pitfalls in the quest to secure defragmentation. In the crisis the institutional responsibility for dealing with bank problems was exclusively with the individual EU countries. In some cases, as in Ireland, the problems of domestic banks overwhelmed the fiscal capacity of the sovereign.