Many journalists have the idea that our set of tasks has been reduced, judging by statements such as that we are a “branch of Frankfurt”, “dull, without a clear function” and even “a 19th century phenomenon”. These comments are tough, but, as I see it, show that we still have much to explain.
Is that a matter of concern to you given your expressed preference for as conservative a budget as possible? BIS central bankers’ speeches  1  What really matters most is the fiscal stance in general. I am not in a position and I don’t want to pass a detailed judgement on what the Irish finance minister is doing.