At the time of the Maastricht Treaty, the EU counted 12 Member States and the arrival of 3 new members was widely expected.Consequently the Treaty envisaged Governing Council eventually comprising 21 members: 6 Executive Board Members and 15 NCB Governors. BIS Review 16/2003  1  1.2. Enlargement  1.2.1.
As the Olympic motto goes: Citius (kee-tee-oos), Altius (al-tee-oos), Fortius (for-tee-oos) – Communiter (ko-moo-ni-ter). Faster, higher, stronger – Together. Maraming salamat at mabuhay ang MCPI. Mabuhay ang Pilipinas. ​  3/3  BIS central bankers' speeches