Together with the substantial monetary policy stimulus already in place, these measures will provide ample liquidity and funding support to euro area households, businesses and banks. We will do everything within our mandate by the Eurosystem to support the euro area citizens and businesses, particularly SMEs, over these troubled times.
Asia, in short, has tremendous potential to lead world economic growth going forward. But having great potential is only a necessary condition for Asia to become a source of positive feedbacks for growth. To realize this potential to the fullest extent, Asia needs to do much more on the financial front.