It is expected that the initiatives toward a transition to the term reference rate will be promoted for transactions that currently use JPY LIBOR. Deliberations outside of Japan What are the developments of discussions outside of Japan to deal with the possible discontinuation of LIBOR for loans and bonds?
Mario Draghi: Interview with Frankfurter Allgemeine Zeitung Interview with Mr Mario Draghi, President of the European Central Bank, in the Frankfurter Allgemeine Zeitung, conducted by Messrs Holger Steltzner and Stefan Ruhkamp, published 24 February 2012. *  *  *  For two years, Europe’s politicians have been promising to save the euro, whatever the cost. But the problems have kept on growing.