But what would happen if the new Greek Government were to decide not to make any further repayments, or to leave the Monetary Union? I will not comment on such speculative scenarios. Nor do I believe it to be in the interests of Greece to go down that road.
The predecessor to the Central Bank of Bahrain, the Bahrain Monetary Agency, was established with technical assistance from the Bank of England. We have frequently looked to the UK for our regulatory models, although we also have needed to adapt our policies and practices to our specific circumstances.