And the commitment that was taken in Berlin under the chairmanship of Peer Steinbrück for euro area  12  BIS Review 50/2007  countries, to achieve their medium term objective of sound budgetary positions as soon as possible and by 2010 at the latest, were praised by the Governing Council.
FT: Listening to you when you talk about being part of this historic endeavour, an extraordinary achievement and that Europe will be expand – you sound so much more comfortable about this than some of your compatriots.