Macroprudential supervision and regulation Ultimately, the goal of macroprudential supervision and regulation is to minimize the risk of financial disruptions that are sufficiently severe to inflict significant damage on the broader economy.
In other words, European integration might become more of a "bottom-up" process, initiated by the citizens of Europe, and less a of "top-down" process driven by politicians and experts, which it is has been so far. Hence, the introduction of the euro will probably give new impetus to the initiatives taken in the 1980s to establish a single market.