I visited Otaru previously a number of times in connection with the closing of the Bank of Japan's Otaru Branch in 2002 and its remodeling as the Bank of Japan Otaru Museum.
In this way, we could tap into new sources of growth that would otherwise be suppressed. And, in the spirit of this conference, that would truly represent a “new approach” for Europe. 4/5  BIS central bankers' speeches  Conclusion Let me conclude. We face a global environment that is marked by uncertainty.