Just as stable money is and will remain an essential prerequisite for internal subsidiarity in society. Even with further political ties, that by no means is bound to lead to a superstate of Europe. And secondly: the extent to which cross-border integration and globalisation are seen as a democracy problem depends, not least, on one’s understanding of democracy.
The fundamental principle is that the tone of good governance should be set and come from the top. It should remain the highest priority as it emphasizes the importance of having “fit and proper” standards for individual board members. These standards, we believe, should put as much weight on integrity, as on knowledge, expertise and competence.