Are there structural weaknesses because of the way the eurozone is represented politically and numbers of different people who speak from various bits of the eurozone, and the EU and…? JCT: Again, the eurozone is an entity that is of course new, on the other hand, in all informal groupings, it seems to me that the eurozone has found out its place.
The President of Euro Group is in the G7. I am in the G7. In the IMF, of course the nations themselves legally are the “shareholders” of the IMF, but it seems to me that it’s been progressively clear that the Euro area has its place, in the IFMC, for instance, as well as in other groupings.