But we can affirm our commitment to support those who bear the heaviest burdens of the current crisis, and to help them carry the load, by ensuring the banking sector is strong and resilient enough to address the nation’s current economic needs. That system has shown resilience over the past two months.
It is only two months since the euro was launched. The introduction of the euro has been accomplished successfully and the enormous technical and logistical challenges arising during the early days of monetary union have been surmounted. The start of monetary union proved to be a formidable operation.