This success reminds us not to lose sight of our long-term goals and visions despite short-term distractions and the concerns of our daily work. No matter whether they relate to a peaceful world, a prosperous and dynamic Europe, or the establishment of vibrant cultural ties across the European regions and peoples. Thank you very much for your attention! BIS Review 22/2005  7
But what we have seen in the crisis is that we do not yet have the right powers at the European level to support a Single Market in capital. When placed under stress, financial markets in Europe have renationalised, with negative effects on the Single Market in goods and services as well.