On the other hand, there is a need for cooperation and coordination at the European level. Coordination can function only if it is supported by a solid, sound and simple institutional framework, ensuring common rules, standard and practices. The design of this framework is important. Indeed, coordination does not automatically lead to results.
Jean Monnet gave us an important warning in this regard, when he said: "I have too often observed the limits of coordination. It is a method which promotes discussion, but it does not lead to a decision." Hence, the institutional framework must ensure effective crisis prevention and resolution. It must guarantee the transmission of the information needed to support swift decision-making.