Indeed, intimate cooperation between the members of the team, the national central banks of the Eurosystem, and the ECB is the key for the success of the single monetary policy in the euro area. 3.
At the G-20 meeting this week in Los Cabos, Mexico, leaders reaffirmed that “multilateralism is of even greater importance in the current climate, and remains our best asset to resolve the global economy’s difficulties”, and committed to “timely, full and consistent implementation of agreed policies to support a stable and integrated global financial system”.