Here, the answer depends on governments themselves. The truth is that they are not out of options when it comes to growth. There are new sources of growth that can be tapped, even while budgets are being cut. But to do so, they have to implement the other pillar of the European strategy.
Let us get our feet firmly on the first rung of the ladder as we are doing now! As I speak to you today I am aware that I am not an expert in Islamic finance and I am certainly not very likely to issue a fatwah anytime soon! And I guess many of you present here today are fellow-novitiates!