But here, perhaps we are doing what we cannot afford to, which is to subsidise on a large scale. Further, we cannot afford to separate the origination, assessment and recovery aspects since these are integrated functions of a banker and need to be fully exercised by bankers even in directed lending.
It was decided that choosing the word euro ought to favour no language in particular. This created a solid foundation for the new currency. However, not only the "professional euro-sceptics", but many others too would not have predicted that the euro would be such a success.