And we see no reason why we would not have a total factor productivity which would be substantially higher, and why we couldn’t go back, after all, to the levels of the early labour productivity progress that we observed in the 15 years before 1995, 1996 and that the US economy is observing since 1996 as an average. So I fully agree with you.
Our main aim is to elevate growth potential and the way to obtain that seems to us clearly to embark, across the board, on structural reforms. The single market is a structural reform of the first importance. And the single market with a single currency is an extremely natural way of fostering single market integration.