The creation of a European Monetary Fund, with a clear mandate, means and independence of action from Member States and removed from the concept of guardianship, will put in place the necessary conditions for the development of win-win solutions, which is a pillar for the aggregate’s cohesion.
Thus we can help ensure that small businesses are able to participate in and contribute to the recovery. The findings from the entire series of meetings sponsored by the Federal Reserve will be presented at a culminating conference at the Board of Governors in Washington later this summer.