2  BIS Review 139/2008  domestic securities is calculated by comparing the share of actual foreign assets held by German investors with the percentage of foreign assets in the global benchmark portfolio.
*  *  *  Minister of State and Finance, Ladies and gentlemen, First of all, I would like to thank the Minister for her invitation to deliver the opening address in this seminar, in which we reflect on the policies and governance framework required to ensure Europe’s prosperity. I hardly need to highlight how opportune this is.