The more complex the financial products become, the more difficult it will be to create transparency. But this is where the financial institutions themselves also have a responsibility to make greater transparency possible. A tendency towards simpler financial products could also bring back more light into the financial system.
While we’re talking about solidarity, I also want to highlight what Germany is doing to help the Grand Est region of France, by admitting French patients to its hospitals. People are really helping each other out, and we should celebrate that. “Coronabonds” are one expression of European solidarity, but there are others, too. For example?