An unstable balance has emerged from the lack of political will to complete the Banking Union preventing us from fully reaping the benefits of economic integration. Europe needs to have concrete plans going forward, and must address pressing questions on what we need to adjust to guarantee financial stability. 1.
2  BIS Review 120/2008  Government’s operating to capital expenditure ratio target is 80:20 for this year, compared to the 90:10 ratio in 2007. •  Government’s expenditure restraint so far, coupled with relatively tight monetary policy settings in 2007, has ensured that Fiji’s external position was safeguarded. Government now has room to provide some fiscal stimulus to encourage economic activity.