* * *  1 Introduction Finance Minister Dr Schäuble Mr Fahrenschon President Müller Dr Gerlach Ladies and gentlemen It is more than apt that so many of us should have gathered here today in Bochum to pay tribute to Dr Gerlach as he leaves office. For my part, I intrinsically associate the city of Bochum with Herbert Grönemeyer.
The third area of the Committee’s activities is closely related to, in fact based on, such research: examining alternate policy responses and the elaboration of corresponding policy recommendations to promote the development of well-functioning and robust financial markets and systems.