Facing all these transitions, it will be key to cooperate in the spirit of the European Union’s official motto, “United in diversity.” Precisely in this vein, I believe that the Austrian central bank should closely collaborate with our partners in CESEE to be able to better cope with many of the challenges that we will face.
We can help each other develop financial markets by sharing our experience with products, regulation and supervision, and the regional offices of the IMF and the World Bank here in Vienna will certainly lend us their support. At the same time, the OeNB stands ready to act as a fair broker for European economic integration.