US Federal Reserve Chairman Ben Bernanke today and Alan Greenspan before him come to mind. In the same vein, the European Central Bank said credibility and effectiveness of monetary policy come with effective communication. Indeed, as much as credible policy actions, effective communication is of fundamental importance to central banks.
In Greece, as it is the case in the EU as a whole, the supervisory authorities base their decisions regarding the merger or acquisition by a foreign institution of a domestic bank strictly on supervisory criteria.