But through consultations and persistent dialogue, I know we are on the same page. Innovation will only positively flourish when it occurs in the context of sound business operation and consumer protection as the underlying threads. The timing of your initiative for an overall banking system vision and roadmap could not have been more opportune.
Two sets of statistics of particular importance to us, namely the monthly monetary data and the HICP (Harmonised Index of Consumer Prices) covering the euro area, compare well in quality and timeliness with corresponding data elsewhere. This is also true for some other areas, such as balance of payments and securities issues.