Some reforms have already been implemented, which will help to manage such risks in future, while steps taken to moderate the flows of total social financing seem, so far, to have had some success.
Jean-Claude Trichet: Welcome message at the Annual General Assembly of the Manufacturers’ Association of Israel (MAI) Speech by Mr Jean-Claude Trichet, President of the European Central Bank, at the Annual General Assembly of the Manufacturers’ Association of Israel (MAI), Tel Aviv, 21 January 2010.