I’ll be leaving the ECB on 31 December 2019 because that’s when my eight-year term comes to an end. Irrespective of Christine Lagarde’s appointment, I’ll be staying until the end of December, until the end of my term.
It is envisaged that there will eventually be a relatively free movement of goods, services and capital in this vast area with a total population of more than 180 million people. 6. The financial globalisation process The phasing out of exchange control and the restructuring of the financial system are important preconditions for South Africa’s greater participation in the financial globalisation process.