This makes it likely that the policymaker will face heavy criticism from those likely to be affected by policy action, and therefore more likely to engage in forbearance. The idea that the public sector knows better than the collective wisdom of the market will always be controversial and disputed.
This support has helped us to define a product which is fully in line with market needs. I am aware that it translated through all levels of the institutions – political as well as operational levels – and it has generated a momentum which makes me confident that we will also achieve the future milestones of the T2S project in good time.