It is, therefore, a pleasure to speak to some of the issues which are emerging in this space, particularly in the context of the changing European institutional architecture and regulatory environment. During recent years, fragile, and indeed unstable, economic and market conditions have required central banks to assume potentially substantial financial risks.
I would also like to mention our initiative to help the children of the euro area learn about euro banknotes and coins. Seven million posters, each including a competition designed to raise awareness of the euro, will soon be sent to primary schools.