I am profoundly convinced that, in these dramatic circumstances, central banks in general, and particularly those on either side of the Atlantic, have demonstrated remarkable unity of purpose and equally remarkable effectiveness in highly adverse circumstances. They did not necessarily take the same decisions, because they were not in the same situation as already pointed out.
29 Also to be mentioned in this respect are the significant differences between the financial structures of the two economies, as highlighted in Figure 5. Non-standard measures: Enhanced credit support I will now turn to the third element of my remarks, concerning the ECB’s enhanced credit support.