For example, a new, 2/3  BIS central bankers' speeches  more narrative-based, and more concise monetary policy statement will replace the introductory statement at our monetary policy press conferences. But also, our monetary policy communication geared towards the wider public will be adapted through a more visualised and more accessible approach.
However, I believe that the macroeconomic policy framework, in particular the Stability and Growth Pact, provides enough flexibility for fiscal policy-makers, contrary to what some critics argue, as long as governments adhere to the rules of the Pact. This is also clearly shown by the fiscal policy of some Member States.