Third, apart from establishing a new institutional architecture, we also have to accomplish the more immediate task of reducing debt levels and securing the sustainability of public finances. Given the exceptional nature of the current crisis, it is necessary to think carefully about a reasonable and balanced reform package to be able to distribute the costs of the crisis in an equitable manner.
Ladies and gentlemen, Coming to the end of my remarks, I would like to emphasize that we also need to improve – and maybe regain acceptance for – our unique and precious European project. I am confident that European integration will proceed despite the difficulties that we have faced over the past years.