I still remember the experience as a banker of reading through hundreds of pages of dense language, paying close attention to the footnotes, trying to determine whether a regulation even applied to my bank and, if it did, what was expected of us.
From the point of view of a country that already enjoys the benefits of the common currency, it is essential that the next step of European integration, the adoption of the euro in the acceding countries, is as well prepared as all past integration steps.