In that speech I also indicated that the Board of Governors was considering a significant revision to our stress testing program that would both integrate it into other applicable capital requirements and begin to reduce the amount of attention directed at the annual announcement of stress test results.
Both the government and the Bank of Greece knew that our fundamentals were rapidly improving and our economy had entered a virtuous cycle of rapid growth, falling inflation and fiscal deficits and with relatively small current account deficits by past standards, so we did not hesitate even for a second, regarding our policies and goals.