One does not want to rely too much on that backup plan, but its presence should nevertheless factor into the design of liquidity regulation.
Mario Draghi: ECB press conference – introductory statement Introductory statement by Mr Mario Draghi, President of the European Central Bank, and Mr Vítor Constâncio, Vice-President of the European Central Bank, Frankfurt am Main, 3 September 2015. *  *  *  Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference.