All things considered, I nevertheless regard the reforms as important instruments with which the fall-out and costs of financial crises can be distributed more fairly among those responsible. You can see, therefore, that we are not relying on a single solitary instrument or a single solitary approach – rather, we have a toolbox with complementary instruments.
In total, this toolbox – I firmly believe – makes our financial system much more stable. Other proposals presented today go even further. Their common denominator, however, is that the causes of the financial crisis can supposedly be eliminated only by even more radical approaches.