The Industrial and Commercial Bank of China has completed their share holding restructuring. The credit business of commercial banks will be more rationalized on one hand with the gradually improved corporate governance structure and the strengthened external supervision, on the other hand, commercial banks have to adopt cautious stance for their business expansion due to the rigid requirement on capital adequacy ratio.
In a way, the very idea of the Euro Star reminds me of  BIS Review 119/2010  1  your Kõpu Lighthouse, the world’s oldest functioning lighthouse built in 1531. Like a bright star, this lighthouse has safely guided the merchant fleets bringing prosperity to Estonia. I believe that, in its own way, the euro will serve as a similar beacon.